Tag: Tips (page 1 of 5)

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2025 Retirement Contribution Limits

Opportunity Tax Credit

2025 Mileage Rates

Should I Contribute to a HSA?

2024 Dependent Credit

2024 Capital Gains Tax

E-Filing W2s and 1099s

Preparing 1099-NEC Forms

NYS Min. Wage Increase 2025

As of 1/1/2025, general minimum wage in New York State is as follows:

General Minimum Wage Rate Schedule

NYC – Large & Small Employers $16.50
Long Island & Westchester $16.50
Remainder of New York State $15.50

The minimum wage rate differs based on industry and region.

Click here for additional information for:

  • tipped, fast food, and other workers
  • free posters on the increased minimum wage specific to your industry

Employers must post a Minimum Wage Information poster as well as various other posters in their place of work visible to all employees.

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