Lawmakers on Capitol Hill questioned ScottBessent’s stance on taxes ... Bessent will oversee massive agencies within the Treasury Department, including the InternalRevenueService. The ...
which has been disputed by the InternalRevenueService. Bessent at his Jan. 16 confirmation hearing said that he would set aside funds to pay any taxes owed once the case is decided. He has ...
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 ...