Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement ...
Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes ... Bessent will oversee massive agencies within the Treasury Department, including the Internal Revenue Service. The ...
Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S.
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...
Top Wall Street banks say they’re ready to get more active in crypto if the Trump administration rolls out favorable policies ...
But one of the first questions Bessent faced was whether he would let the Internal Revenue Service offer taxpayers a free tax-filing platform this tax season, which starts Jan. 27. “Will you commit to ...
For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying child. That figure increases to $6,960 for two kids and up to $7,830 for ...