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

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?

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

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

Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though ...

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

President-elect Trump plans to create an External Revenue Service that would collect tariffs from U.S. importers, with economists arguing the proposed agency's name obscures who pays.

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 ...