House lawmakers fixed a glitch in their sweeping tax bill that would have hit companies that offer a retirement plan with a 21% excise tax on all wages paid to any employee over $1 million.

The U.S. House of Representatives passed a major tax on university endowments on May 22. Colleges say the measure would slash student financial aid.

While the heart of the bill is an extension of Mr. Trump's 2017 tax cuts, the legislation also includes several provisions that were part of the president's campaign last year, such as his vow to ...

The 1,100-page bill, which squeaked through the House on Thursday by a single vote, will now go to the Senate, where more changes are likely.Here's what to know about the provisions as they now stand ...

President Donald Trump says his tax bill, which won approval from a key congressional committee on May 18, would lower taxes for all Americans.. It's “increasing take-home pay for the typical ...

The tax bill released by House Republicans on Monday calls for escalating taxes on investment income at the nation’s foundations and universities, which means the richest foundations and universities ...

Trump Pledged ‘No Tax on Social Security.’ The Tax Bill Says Otherwise. House bill’s proposed $4,000 senior deduction falls short of eliminating taxes on Social Security benefits altogether ...

Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis. Latest U.S.