Check your state and local government for changes in minimum wage rates for 2022. Some rates for 2022 took effect late in 2021 (e.g., Florida raised its rate on 9/30/21 and NY did so on 12/31/21); OR’s rate is set to rise on 7/1/22. Paycor has a state-by-state chart showing the rates for 2022 as compared with 2021. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
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