Ask CPA Sam

When an employee is hired in the United States, in most cases, the employer is required to pay a minimum amount per hour for the services of that employee.  As of 7/24/09, that amount is $7.25 per hour.  If that employee works 40 hours per week and 52 weeks per year, the total gross wages [...]

Q. I’m trying to follow some of the things you wrote about last year with the budgeting. But the gas prices keep going up and it blows all my savings amount.  Why is this happening?  I though we were still in a recession.
A. This is one of the great mysteries of life.  In the purest [...]