Federal tax law exempts credit unions from paying corporate income taxes. According to the Treasury, this exemption will cost $25 billion in forgone tax revenue between 2021 and 2030.
September 13, 2021
The minimum cash wage for most tipped employees is equal to the federal rate of $2.13 an hour in 16 states, higher than $2.13 but lower than their own state minimum wage in 27 states and DC, and equal to their state minimum wage in 7 states.
September 6, 2021