As tax season kicks off, a million taxpayers are poised to receive automatic payments from the IRS. This has sparked ...

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

Taxpayers can now start filing their income tax returns for 2024. The Internal Revenue Service started accepting federal ...

Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested ...

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

Scott Bessent, Trump’s pick for Treasury Secretary, said that he would have to study the long-term future of the tool.

Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund ...

Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement ...

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

A pilot program for the service successfully launched last year in 12 states. New Jersey did not participate because of a ...