Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Scott Bessent, President-elect Donald Trump‘s nominee for treasury secretary, defended the Trump tax cuts during his ...
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table ...
Republican tax writers boosted pressure on the rest of their party on Tuesday to pass tax cuts as their top legislative ...
Donald Trump ... put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid a government shutdown, and further cuts to its ...
IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on ...
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion ...