What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS.

The creation of a separate department will likely need congressional support, though Trump could try to establish the ...

The President-elect announced plans to create a new agency to collect tariffs and other revenues from foreign nations, though ...

The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping ...

As you may have heard, the Inflation Reduction Act, the legislation signed into law by President Joe Biden earlier month, mandates $80 billion in new funding for the Internal Revenue ...

President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

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

Former U.S. Assistant Secretary of State for Economic and Business Affairs weighs President-elect Trump's plan to establish the 'External Revenue Service.' ...

CHICAGO - The Illinois Department of Revenue (IDOR) announced it will begin accepting and processing 2024 tax returns today, ...

On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final ...

WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding ...