Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million

Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million

A Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors said.
Senate Confirms Scott Bessent as Treasury Secretary

Senate Confirms Scott Bessent as Treasury Secretary

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
IRS Free Tax Filing System Will Include 13 More States

IRS Free Tax Filing System Will Include 13 More States

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will happen to the program next year.