To be eligible, parents would have to meet the IRS definition of a dependent, meaning they rely on their children for at least 50% of their support.

From benefits for child care and college to health care tax credits, this plan has a little bit of everything.

Employers are switching at high rates to provide employees more flexible health insurance options that minimize upfront fees.

The new law contains provisions that can increase complexity and place employers at greater risk of incurring IRS penalties.