Taxation · 05/29/2025
Workers Rights Protections Amid Employer Bankruptcy
In the event of employer bankruptcy, employees should understand how to protect their rights, including timely access to W-2 forms and proper handling of 401(k) pension transfers. Communicating with tax and financial advisors is essential to ensure economic security.
Education · 08/26/2025
Purdue Innovates Boosts Research Commercialization Efforts
Purdue University's 'Purdue Innovates' initiative creates a unified innovation ecosystem by integrating technology commercialization, startup incubation, and venture capital. It offers comprehensive support to faculty, students, and alumni, accelerating the translation of research findings and fostering entrepreneurial development. The program aims to streamline the innovation process, enabling valuable research outcomes to benefit society more rapidly. By connecting resources and simplifying pathways, Purdue Innovates seeks to maximize the impact of Purdue's research and innovation.
Taxation · 08/07/2025
US Updates Estate and Generationskipping Tax Rules Under 706 Directive
Directive 706 outlines the calculation and reporting requirements for inheritance tax, emphasizing that the total value of the deceased's estate includes various assets and transfers, with a maximum tax rate of 35%. Effective tax planning and professional consultation are key to alleviating the inheritance burden and avoiding potential pitfalls.