Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
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 ...
which has been disputed by the Internal Revenue Service. 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 ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
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 ...
Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about ...
DOJ didn't identify the fired employees, and it's not yet clear whether they'll challenge their terminations under civil service protection rules.
Donald Trump’s first 10 days back in office were filled with a series of “shock and awe” executive orders intended to ...