Minimum Wages for Tipped Employees U S. Department of Labor
An employee earning a guaranteed monthly compensation of $4,000 or more is exempt from the State minimum wage and overtime law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour. The minimum wage in the Portland metro area is $15.95 per hour and the minimum […]
Double declining balance method: Formula and examples
But I do recommend working with your CPA or financial advisor to set-up depreciation schedules for any new assets your business may acquire. This accounting tutorial teaches the accelerated method of depreciation called Double-declining method and provides examples illustrating the accounts involved, how depreciation affects financial reports, and more. Understanding the tools available for double […]