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MinimumWage

President Obama Reveals Increase in Minimum Wage for Federal Contract Workers
January 29, 2014

If you are an employer with federal government contracts, prepare to pay your employees a higher minimum wage on new contracts soon. President Barack Obama announced in a Jan. 28 White House fact sheet that he intends to issue an executive order in coming weeks requiring employers to pay contract workers at least $10.10 an hour, so price your future bids accordingly and anticipate additional guidance to ensure compliance.

Serving Money

FICA Tip Credit: Serving Up Savings
January 13, 2014

Owning a restaurant seems like a glamorous idea, or at least it did to me, but there’s more to running a restaurant than cooking good food and mingling with customers. In order to be a successful restaurateur you have to have a good grasp on the fundamentals on running your establishment. You have to meet customer demands, maintain inventory as well as staff and manage expenses.

 

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