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The changes made Friday are likely not to be the last word on the topic of child tax credits. [Read More]
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Parents can thank Ted Cruz, who offered the original amendment to extend college savings plans to grade school and high school. [Read More]
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Graduate students and sports team owners also won in the final tax bill. [Read More]
The Republican tax bill that Congress will vote on next week would raise the one-time tax on businesses' foreign earnings and includes other... [Read More]
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In the final bill, the top rate would apply to income over $500,000 for individuals and $600,000 for married couples. [Read More]
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All the individual tax cuts would expire in 2025, which helped Republicans stay below the $1.5 trillion limit. But they say that they intend... [Read More]
Here are the highlights of the tax legislation agreed upon by the House and Senate that lawmakers will vote on next week:... [Read More]
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"I believe that this once-in-a-generation opportunity to make U.S. businesses domestically more productive and internationally more competit... [Read More]
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"I believe that this once-in-a-generation opportunity to make U.S. businesses domestically more productive and internationally more competit... [Read More]
The Senate-passed version of the bill included a doubling of the child tax credit, to $2,000 per child, a provision supported by the Florida... [Read More]
The bill will be made public at a 5:30 p.m. event on Friday. [Read More]
The Senate-passed version of the bill included a doubling of the child tax credit, to $2,000 per child, a provision supported by the Florida... [Read More]
Cornyn's remarks indicated confidence that the bill will advance to President Trump's desk within a week. [Read More]
The provision in question was part of the House tax bill, and would have repealed the "Johnson Amendment" that prevents churches from direct... [Read More]
Senate GOP Whip John Cornyn said he expected to pass the final bill Tuesday. [Read More]
A "no" vote from Rubio could endanger the bill, which passed the Senate with only 51 votes, including his. [Read More]
The new decision is an expansion of the break from earlier versions of the bill in the House and Senate. [Read More]
In question, though, would be how Republicans could extend the credit to more families without breaking the tax cut limit they placed on the... [Read More]
Republicans compromised on the original goal of a 20 percent corporate rate to free up revenue to dedicate to more tax relief for high-incom... [Read More]
The details of the deal, though, were not available at the meeting, prompting added criticism from Democrats. [Read More]
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