Kevin Brady

Republicans are promising Tax Reform 2.0, but only a few measures may get approved.

The House Ways and Means chairman hopes to begin circulating draft legislation this summer, but only among his Republican colleagues. He envisions tax reform 2.0 as a package of three or four bills, instead of a single piece of legislation like the Tax Cuts and Jobs Act that Congress passed last December.

The IRS’s new 1040 tax form doesn’t exactly fit on a standard postcard as Republicans promised, but it’s smaller and simpler than before — and it may push more filers to use software rather than in-person tax preparers.

The short form would fulfill one of the promises of last December’s tax overhaul.

Bipartisan legislation to modernize the Internal Revenue Service comes a day after a computer crash disrupts Tax Day filing.

For Tax Day this year, House lawmakers are focusing on a familiar target — the Internal Revenue Service.

The National Association of Enrolled Agents sent a letter to members of Congress’s tax-writing committees calling for a series of changes at the Internal Revenue Service.

The omnibus appropriations bill that lawmakers are expected to approve ahead of a Friday deadline to avoid a government shutdown includes extra money for the Internal Revenue Service to implement the Tax Cuts and Jobs Act, while changing a provision in the TCJA that advantaged farm cooperatives over other types of grain companies.

Republicans are looking to act a lot faster than originally expected to keep the new individual tax breaks from expiring in 2025.

Tax breaks for individuals should be made permanent in future legislation, according to the incoming White House economic adviser.

The U.S. Bureau of Labor Statistics reported Friday that employers added a better than expect 313,000 jobs in February, although the unemployment rate remained unchanged for the fifth month in a row at 4.1 percent.

The Speaker of the House visited Atlanta to tout the economic benefits of the new tax law, but the president had other ideas.

The chairmen of Congress’s main tax committees are calling on the head of the Internal Revenue Service to put in place screening procedures to make sure employees with serious conduct issues don’t receive bonuses, in response to a government report pointing to continuing problems in this area despite some progress.

The U.S. Bureau of Labor Statistics reported Friday that employers added a robust 200,000 jobs in January, although the unemployment rate remained unchanged at 4.1 percent despite a boost from the passage of a tax cut law at the end of the year.

The short-term spending bill that President Trump signed into law Monday night includes provisions that delay or suspend three taxes mandated by the Affordable Care Act that have not yet taken effect.

Congressional Republicans kicked off the final leg of their six-week legislative sprint to overhaul the U.S. tax code and deliver a major policy victory for President Donald Trump before year’s end. The House is scheduled to vote Tuesday on the tax bill and Senate leaders intend to bring the measure up as soon as they get it.

Congressional leaders worked quickly to finalize compromise legislation for floor votes next week in an all-out effort to provide themselves and President Donald Trump with a major policy victory before the end of 2017. Here are the latest developments, updated throughout the day.

Republican lawmakers will overturn a key piece of the Affordable Care Act in their tax overhaul, a victory in a long GOP campaign against the health law.

President Donald Trump promised everyday Americans a “giant tax cut for Christmas” in a speech that the White House billed as his closing argument for a tax overhaul that congressional Republicans finished negotiating on Wednesday.

Lawmakers are re-examining a provision that would roll back subsidies for a big chunk of the municipal-bond market beginning next year, according to House Ways and Means Chairman Kevin Brady.