Biden Administration

The Ways and Means Committee voted to approve 12 weeks of paid family leave and a mandate to enroll employees in retirement accounts.

Nonetheless, the party's congressional leaders are determined to forge ahead with the tax and spending plan.

Many on Wall Street think they’ve found just the thing to hide from a tax hike.

Key legislators are at odds over how high to increase levies on investment gains.

America’s poorest families are using new child benefits in large measure to climb out of debt, much of it likely accumulated during the pandemic.

Moderate and progressive Democrats are on a collision course over how to pay for the administration's economic agenda.

The plan offers the clearest picture yet of the higher levies that companies could be paying from next year.

The resolution came after a White House pressure campaign and assurances from Speaker Pelosi helped unite fractious Democrats.

The House Speaker and a group of centrist Democrats will resume talks after hours of negotiations failed to break a stalemate late Monday.

After early progress in the Senate, the administration's plans now face a crucial test this week in the House.

Rich Americans may have to wait until deep into the fall, or later, to find out how much they'll owe.

The Biden administration’s tax proposals could have a negative impact on real estate investing.

The speaker of the House had floated a potential compromise, but it was rebuffed.

Most advisors don’t know about the tax benefit for qualified small business stock, which can put millions of dollars tax-free into an entrepreneur-client’s bank account.

Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.

A bipartisan group released an alternative cryptocurrency revenue-raising plan.

Two senior Democrats are proposing a bill that would go further than President Joe Biden’s plan and potentially raise quadruple the revenue.

A Senate plan to spend $550 billion on U.S. infrastructure stands to benefit industries heavily dependent on transportation.

The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades.

Employers can claim tax credits equivalent to the wages paid for providing paid time-off to employees to take a family or household member or certain other individuals to get vaccinated for COVID-19.