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Important Changes for Chicago Businesses, Effective July 1, 2022

Nancy McClelland, LLC

The Chicago minimum wage is tiered for large businesses with 21 or more employees, and small businesses with 4-20 employees. Since reaching $15 per hour in 2021, the minimum wage for larger employees increases annually according to the Consumer Price Index or 2.5%, whichever is lower. per hour or $56,381.85

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How CAA affects 2020 returns

ThomsonReuters

The CAA instructs IRS to issue guidance clarifying that the deduction is available for personal protective equipment (PPE), disinfectant, and other supplies used for the prevention of the spread of coronavirus. The post How CAA affects 2020 returns appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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Projections of payroll issues under a Biden presidency

ThomsonReuters

This is particularly true in the area of wage and hour, worker classification, and wage theft. Wage Theft. Biden noted on his official website as a campaign platform item that wage theft is a serious issue he intends to address. Worker Classification. Prevailing wages.

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Projections of payroll issues under a Biden presidency

ThomsonReuters

This is particularly true in the area of wage and hour, worker classification, and wage theft. Wage Theft. Biden noted on his official website as a campaign platform item that wage theft is a serious issue he intends to address. Worker Classification. Prevailing wages.

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