
The second of the three scheduled minimum wage increases will go into effect on July 24, 2008.
Minimum wage will increase from $5.85 per hour to $6.55 per hour.
Effective July 1, 2008 the IRS increased the optional business
standard mileage rate to 58.5 cents per mile for the remainder of 2008. The rising cost of gasoline was a contributing factor. For additional information, please visit
http://www.irs.gov/.
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