"I think the objective is to have 70 million children under 18 to have a Trump Account," IRS CEO Frank Bigisnano said.

Here’s how to take advantage of Trump’s eponymous tax-advantaged investment account for U.S. citizens under 18.

Parents, guardians, grandparents and others who contribute to a Trump Account will not be required to file a gift tax return reporting those contributions, the IRS and Treasury Department said. This ...

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New IRS guidance will save many parents the hassle of filing gift tax returns merely because they contribute to Trump accounts. Beginning July 4, taxpayers may begin making contributions to Trump ...

Parents can now open a tax-advantaged savings account online, but only certain children qualify for the government’s $1,000 contribution. This weekend, the Trump administration is planning to roll out ...

Letitia James faces scrutiny after New York City spends $81,700 per homeless person amid shelter scandals Pentagon lowers count of Iran war dead, sparking questions and outrage Fact-check confirms ...

The Internal Revenue Service has agreed to cease policing employee workstations and communal spaces for union paraphernalia, in an apparent victory for the National Treasury Employees Union, who sued ...

The new child investment accounts named after the president are set to launch Saturday.Win McNamee/Getty Images The Internal Revenue Service eliminated one of the key unanswered questions about Trump ...

The exterior of the Internal Revenue Service building is seen in Washington, on March 22, 2013. Credit: Susan Walsh / AP The Internal Revenue Service will temporarily reopen its Taxpayer Assistance ...

Washington — President Trump remotely rang the opening bell for the New York Stock Exchange and the Nasdaq from the Oval Office on Monday as part of an event promoting the launch of his administration ...