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U.S. Treasury Secretary Advises Tax Withholding Updates Amid Trump Tax Breaks

4/18/2026

Summary

Story summary

Scott Bessent, the U.S. Treasury Secretary, urged Americans to update their paycheck withholding during an April 15, 2026 briefing, saying changes could improve their tax situations.
He noted this was in light of U.S. President Donald Trump’s tax breaks.
Some tax experts criticized the guidance, noting that withholding is complex and errors could lead to owing taxes in 2026.
The comments come as taxpayers review 2025 returns and consider adjustments for 2026.

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Story summary

Scott Bessent, the U.S. Treasury Secretary, urged Americans to update their paycheck withholding during an April 15, 2026 briefing, saying changes could improve their tax situations.
He noted this was in light of U.S. President Donald Trump’s tax breaks.
Some tax experts criticized the guidance, noting that withholding is complex and errors could lead to owing taxes in 2026.
The comments come as taxpayers review 2025 returns and consider adjustments for 2026.