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 ...
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
He compared his planned creation to the Internal Revenue Service, which is the nation’s domestic tax collector. The creation of a new agency requires an act of Congress, and Republicans hold the ...