Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Democrats: Bessent avoided Medicare tax on hedge fund earnings
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary ...
The Reporter13d
Watch: Scott Bessent testifies at secretary of the treasury confirmation hearing
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 Panel Backs Bessent Nomination for Treasury
Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate ...
Senate Finance chair hoping for Bessent confirmation vote next week
Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S.
2025 Tax Filing: Live Daily Updates, Tax Tips, News and IRS Deadlines
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 ...
Marketplace7h
More Americans will be able to file their tax return directly online with the IRS this year
Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about ...
federalnewsnetwork.com21h
Justice Department fires employees who worked on Trump criminal investigations
DOJ didn't identify the fired employees, and it's not yet clear whether they'll challenge their terminations under civil service protection rules.