Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.

The fund manager will face senators at a confirmation hearing on Thursday ...

Other officials have also announced they will resign on Inauguration Day, including FBI Director Christopher Wray, Securities ...

Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...

Danny Werfel, Biden’s pick to transform the tax agency, planned to exit after Trump announced intent to replace him.

Scott Bessent will appear before politicians on Capitol Hill to answer questions over his stance on taxes, tariffs, trade and ...

U.S. Treasury nominee Scott Bessent is facing sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions ...

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation ...