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

How is responsible for the $1,400 Recovery Rebate Credit? Check your account, tax return, or the websites for details before ...

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

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

Expanded into 25 states for 2025, IRS Direct File allows eligible taxpayers to submit federal returns free of charge.

The treasury secretary is responsible for serving ... In his testimony, Bessent committed to maintaining the IRS’ Direct File program — which allows taxpayers to file their returns directly ...

“While I disagree with many of his policy positions, particularly his support for extending tax cuts for the wealthy and President Trump’s tariff threats, I hope that he will focus the ...

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s Treasury ...

On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations[1] (Regulations) to implement the tax credit for the production ...

“While I disagree with many of his policy positions, particularly his support for extending tax cuts for the wealthy and President Trump’s tariff threats, I hope that he will focus the ...