Insights

New State Minimum Wages Take Effect

PKS CPA

Recent law changes have increased minimum wage in both Maryland and Delaware.

Please review the following table to ensure you are in compliance:

Minimum Wage Tipped Employees Effective Date
Delaware $8.25 $2.33 June 1, 2015
Maryland $8.25 $3.63 July 1, 2015
Virginia $7.25 $2.13 No change

Please contact our office should you have any questions or need assistance with these payroll changes.

PKS & Company, P. A. is a full service accounting firm with offices in Salisbury, Ocean City and Lewes that provides traditional accounting services as well as specialized services in the areas of retirement plan audits and administration, medical practice consulting, estate and trust services, fraud and forensic services and payroll services and offers financial planning and investments through PKS Investment Advisors, LLC.  Visit www.pkscpa.com or call 1-800-274-2564.

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