MISSOURI: TAX RATE AND MINIMUM WAGE CHANGES

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Effective today, the minimum wage in the state of Missouri will be raised to $7.85. This hourly rate is required as the minimum payment to employers, with the exception of retail and service businesses with annual gross sales under $500,000. A summary for posting can be found here.

The taxable wage base has been lowered from $13,000 to $12,500.

Quarterly Contribution Wage Reports are due January 31st. Use Uinteract to file.

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