Politics & Government

Final Tax Bill Extends 529 Plans To Elementary and Secondary School Tuition

The final version of the Tax Cuts and Jobs Act as it emerged from the Conference Committee (full text) extends Section 529 Qualified Tuition Programs so that they will now be able to be used to fund not just higher education expenses, but also up to $10,000 per student per year of tuition at...

No Johnson Amendment Repeal In Conference Version of Tax Bill

The Conference Committee version of the Tax Reform Act which will be released today will not contain a repeal of the Johnson Amendment.  Washington Post reports that the Senate Parliamentarian has ruled that repeal of this provision cannot be included in legislation passed through the...