WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent plans to say Thursday during his confirmation hearing that ...

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary ...

The author writes "Over the past two decades, the Internal Revenue Service and the Department of Justice have cracked down on the use of offshore accounts and vehicles to evade U.S. income taxes.

U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...

Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...

The IRS and the Treasury Department issued proposed regs and reporting requirements for multi-year corporate separations and ...

The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.

President-elect Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to ...

Audits from the IRS are a nervewracking prospect for many Americans, but being informed about what they actually entail might help ease your mind.

President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House ...