There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.

On a long list of unconventional policy ideas from President Donald Trump, replacing personal income taxes with tariffs on ...

During the campaign, President Donald Trump floated an "all tariff policy" he said would replace federal income tax. Here's ...

High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...

Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 federal tax returns, they can expect technological upgrades, customer-service ...

Lewiston police stopped a vehicle leaving 100 College Street last Thursday, with one of the occupants getting out and fleeing ...

Nowhere near that percentage of people are actually audited, as you'll read later, and those reporting a standard middle income have even less to worry about. For more tax coverage, find out if ...

Grantor trusts are trusts in which the grantor controls all aspects of the trust and is responsible for reporting and paying taxes. If the income or deduction is part of a change in the principal ...

The late filing penalty may be higher if the CRA issued a demand to file the return and assessed a late filing penalty on a return for tax year 2021, 2022 or 2023. If you have a balance owing for 2024 ...

“The OECD Global Tax Deal supported under the prior administration not only allows extraterritorial jurisdiction over American income but also limits our nation’s ability to enact tax policies ...

The bill proposes exempting tips from federal income tax, allowing workers to claim a full 100% deduction for tipped wages when filing their taxes. In a release, Senator Ted Cruz stated ...