Bessent Tax - QuikReader

Treasury hearing live: Bessent vows to get US’s ‘fiscal house in order’

Financial Times - 8m

Trump Treasury Pick Scott Bessent to Face Grilling

Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.

The New York Times - 15m

Live Updates: DeSantis names Rubio successor; Bessent, Burgum appear before Senate panels

Thursday marks another busy day of hearings for President-elect Trump's Cabinet nominees as his inauguration approaches. The day will feature Lee Zeldin, the nominee to run the Environmental ...

The Hill - 21m

Watch live: Treasury hopeful Scott Bessent testifies at Senate confirmation hearing

Billionaire investor Scott Bessent, President-Trump's pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation hearing, ...

The Hill - 40m

What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today

Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.

The New York Times - 3h

Senate Democrats circulating memo alleging Bessent tax dodges

The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment in a conservative publishing house, among other issues.

Politico - 15h

How to Pay Your Taxes Online

Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.

Wired - 2d

Bessent to tell senators Trump will usher in 'economic golden age'

Scott Bessent, President-elect Trump’s pick to lead the Treasury, plans to tell senators during his confirmation hearing that the next four years will present an opportunity for an “economic golden ...

The Hill - 2h

Bessent, Burgum headline Thursday's confirmation hearings

Confirmation hearings for President-elect Trump’s Cabinet picks are in full swing again Thursday as the Senate works to screen his controversial nominees. Committees will hear from the contenders ...

The Hill - 5h

Bessent to divest from assets on road to leading Treasury

President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...

The Hill - 3d

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - 4d

Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.

The New York Times - 4d

Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep

Income-tax refunds averaged more than $3,100 last year. How much will they be this year?

MarketWatch - 5d

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - 5d

IRS announces the start of the 2025 tax season

The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.

CNBC - 5d

Reeves faces 'difficult decisions' on tax and spending

The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.

BBC News - 6d

Does the IRS ever forgive back taxes?

The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.

CBS News - 6d

Canadiens Players Hit Hardest By Taxes

The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.

Yahoo Sports - 6d

Tax lessons for governments from Henry George

The 19th-century political economist understood that the whole of society should benefit from outsized profits

Financial Times - Jan. 9

Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.

President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.

The New York Times - Jan. 9

Tax refund delays still plague millions of Americans, report says

Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.

CBS News - Jan. 8

Trump’s push for SALT tax reform threatened by hardline GOP budget hawks

The path of least resistance could be $5 trillion in new government debt.

MarketWatch - Jan. 8

Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy

The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...

The Hill - Jan. 7

Next warns of ‘anaemic’ growth after UK Budget tax increases

Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economy

Financial Times - Jan. 7

France signals fewer spending cuts and tax rises ahead of budget talks

Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025

Financial Times - Jan. 6

Firms to raise prices due to tax and wage increases

Consumers could face higher costs in the coming months amid falling confidence among UK businesses.

BBC News - Jan. 6

Trump backs massive single bill for taxes, border and energy

Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.

Politico - Jan. 5

Polish wealth managers warn against tax changes for family foundations

Structure was set up in 2023 to encourage money to stay in the country

Financial Times - Jan. 5

Steep costs of Irish reunification deter Dublin despite tax windfall

Ending division between north and south could lead to €20bn bill every year for two decades

Financial Times - Jan. 5

DraftKings tests a subscription service as it looks to offset high New York taxes

DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.

CNBC - Jan. 3

Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules

The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.

The Wall Street Journal - Jan. 3

Online traders warned to check tax return status

Deadline looms as Airbnb, eBay and other platforms report individuals’ income

Financial Times - Jan. 3

UK heading for tax rises despite return to growth, economists say

The FT’s annual poll forecasts better performance than France and Germany