Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and Jobs Acts, tax filing deadlines, and more

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

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."

Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate floor as soon as this week. All of the panel’s Republicans voted yes, along wit

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 IRS received a massive boost in funding from Democrats’ Inflation ...

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 ...

Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes ... including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats’ Inflation Reduction ...

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

It was soon after the start of Scott Bessent’s confirmation hearing ... Bessent faced was whether he would let the Internal Revenue Service offer taxpayers a free tax-filing platform this ...

It was soon after the start of Scott Bessent's confirmation hearing ... Bessent faced was whether he would let the Internal Revenue Service offer taxpayers a free tax-filing platform this tax ...

By Ann Carrns Tax season opens Monday, and the Internal Revenue Service has announced ... by Democrats and the Biden administration.) Scott Bessent, President Trump’s nominee for secretary ...