Federal Wage Laws

Business News

25 U.S. States Are Raising Minimum Wages in 2024. Here's What It Means for Your State

Meanwhile, 20 states will remain at the federal minimum wage of $7.25 an hour, which hasn't been increased since 2009.

Business News

Small-Business Owners Are Split on the Federal Minimum Wage Debate

Many business owners polled favor a higher minimum wage because it means customers with more money to spend.

Business News

Entrepreneurs Are Forgotten in the Minimum Wage Debate

Small businesses employ more than 50 percent of the population, but who is guaranteeing their wages?

Business News

Seattle Says Franchises Aren't Small Businesses, Forces Them on $15 Wage Fast Track

The International Franchise Association is filing a lawsuit opposing Seattle's plan, which forces franchises to adopt a $15 minimum wage in three years.

Business News

IRS Will Tax Bitcoin, Says It's Not Currency

In a historic ruling, the IRS said Bitcoin is property, not currency, and will be taxed as such. Here's what you need to know.

Business News

Obama's Budget: What's In It for Entrepreneurs

The White House released its fiscal year 2014 budget proposal today. Here's a look at what's in it for small-business owners and entrepreneurs.

Business News

Federal Wage Regulations Bring More Red Tape

A new rule that kicks in today asks employers of tipped workers to do more paperwork or face the loss of a key credit.