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RI State House
Newly Passed 2024 RI Law Changes Which Impact Small Businesses

Wages
Minimum Wages increased to $14 per hour- Read the update from the RI Dept of Labor and Training (DLT) for details, including the exemption of students, employees receiving gratuities, domestic services, and others. For further guidance, review the DLT information at, https://dlt.ri.gov/regulation-and- safety/labor-standards/minimum-wage

Any employer that commits “wage theft” or “worker misclassification” as defined by the DLT, now will face Felony charges as outlined in the “State’s Payment of Wages Act, RI.Gen.Laws 28-14-1. This results in higher financial penalties and the risk of up

Woman thinking
2023 Mileage Rates Announced by the IRS

Mileage rates for travel are now set for 2023. The standard business mileage rate increases by 3 cents to 65.5 cents per mile. The medical and moving mileage rates stay at 22 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

2023 New Mileage Rates
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Here are the 2022 mileage rates for your tax reference.

July 2022 through December 2022
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January 2022 through June 2022
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Remember to properly document your mileage to receive full credit for your miles driven.

Mark Devine (devineaccounting.com) is a mentor for SCORE RI. SCORE volunteers are available

SCORE How2RI Email Basics
Email Marketing Basics - webinar on-demand

This on-demand webinar will help attendees understand how to launch and manage email marketing campaigns to promote their business, boost sales and nurture profitable customer relations.

Harbor 1
Get Ready To Make A Pitch $$

If you are a small business owner or entrepreneur looking to launch a new product or service, or expand an existing product or service, you are invited to participate in HarborOne’s 7th Annual Small Business Pitch Contest. Pitch your idea for a chance to win $10,000.


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Copyright © 2024 SCORE Association, SCORE.org

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

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