The Kiddie Tax Grows Up: Beware The IRA Trap (Forbes) - A little discussed rewrite of the "kiddie tax"--a provision that taxes unearned income of kids under 19 and of full-time students younger than 24 at a special rate. Under the old law, a child's unearned income above $2,100 was taxed at his parents' higher tax rate.
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5 Tax Reform Twists Businesses Need to Know More About (Accounting Today) - While the size, entity type and geographic footprint of a business yields many company-specific questions and tax scenarios, what is known about the implementation of the new tax law today does permit the identification of some broad areas of observation...
The 10 Biggest Announcements from Google I/O 2018 (The Verge) - Google just wrapped up its 2018 I/O keynote, and todayâs event was jam-packed with news. CEO Sundar Pichai kicked things off by recognizing that the tech industry must always be responsible about the tools and services it creates.
U.S. Job Openings Hit Record High, More Workers Quitting (Reuters) - The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department on Tuesday also showed more workers voluntarily quit their jobs in March, a sign of confidence in the labor market that economists believe will help to push up wage growth this year.