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Bessent said the Internal Revenue Service would be largely spared from DOGE's cost-cutting — at least until after the April 15 filing deadline.
February 7 -
Combined tariffs against Canada, Mexico and China would raise less than a third of the estimated $4.6 trillion cost of extending Trump's tax cuts over the next 10 years.
February 7 -
In just two weeks as Treasury chief, Scott Bessent has seen plenty of turbulence.
February 7 -
President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including expanding the state and local tax deduction.
February 7 -
Trump told GOP lawmakers he wants to end the carried interest exemption used by private equity fund managers and venture capitalists around the country.
February 7 -
Startup shut down; healthy, wealthy and crooked; won't ever stand the strain; and other highlights of recent tax cases.
February 6 -
Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.
February 6 -
The head of the National Treasury Employees Union calls the move a "bait-and-switch."
February 6 -
As clients' businesses evolve, it sometimes makes sense for them to change how their companies are taxed.
February 6CorpNet.com -
When Elon Musk's team gained access to the computer network where data of nearly every American is stored, it caused alarm across the country.
February 6