900 N. Kings Highway, Cherry Hill, New Jersey 08034
856.667.4100 · 215.563.0276 · Fax: 856.667.3652

The Online Advisor

July 2009

New Business

Final increase in federal minimum wage this month

July 24, 2009, brings the third and final increase in the federal minimum wage mandated by the "Small Business and Work Opportunity Act of 2007."  That law was signed by George W. Bush on May 25, 2007.

The minimum wage increased to $5.85 on July 24, 2007, and again last July to $6.55.  This final increase raises it to $7.25 an hour.

  

Before you invest in any business, it's always a good idea to discuss the proposed venture with your advisors. If you would like assistance with evaluating a business opportunity or with legitimate tax planning, please call our office.

[Current Online Advisor] [Business Information] [Home]

 

 

untitled

This site designed and maintained by the Information Technology experts at Alloy, Silverstein, Shapiro, Adams, Mulford, Cicalese, Wilson & Co.

We appreciate comments concerning our website. Contact our webmaster .