Families with children need a tax system that creates a growing economy with more opportunities and affordable living for the ...

So-called MAGA accounts would do little to provide immediate financial relief to families and could worsen wealth inequality, ...

The tax measures — particularly Sections 199 and 181 — are issues the entertainment industry has long advocated for, according to two people familiar with the matter who were not authorized to ...

The Republican tax bill that is being discussed today in the House Ways and Means Committee proposes a new savings account ...

So-called Hollywood ambassadors Jon Voight and Sylvester Stallone joined with a coalition of entertainment industry groups for a letter delivered this week to President Trump urging him to support ...

A new tax bill introduced in Congress aims to create MAGA savings accounts for kids. But what are they and how would they ...

The proposal unveiled May 12 would make the 2017 Tax Cuts and Jobs Act permanent, increase the standard deduction, and increase the child tax credit to $2,500 through 2028 and $2,000 after that.

The legislation includes an increased child tax credit (CTC), a higher threshold for estate tax liability – what Republicans have referred to as the "death tax" – and several other measures.

Several Republicans have put forth proposals to extend the child tax credit (CTC), usually $2,000 per child, and make it more beneficial for families. Christian groups are urging Congress to ...