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Trump Wants an 'External Revenue Service'
Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Trump announces creation of External Revenue Service — here’s what new agency will collect
The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.
Trump says he’s creating ‘External Revenue Service’ for tariffs
President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans.
Trump announces new External Revenue Service to collect foreign money
President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue from foreign sources.
Trump says he'll create an 'external revenue service' on Day One to help collect tariffs and revenue from other countries
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.
Donald Trump’s Proposed Tax Shift — External Revenue Service to Debut on Inauguration Day
Donald Trump has said he plans to establish an External Revenue Service (ERS) on his first day in office. The ERS represents a significant shift
Trump Pitches New ‘External Revenue Service’ Agency
President-elect Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to collect tariffs and other duties from foreign nations. Trump plans to launch the agency on Jan.
Trump proposes 'External Revenue Service' to tax foreign sources
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
Donald Trump Wants an 'External Revenue Service': What Will Be Its Purpose?
Donald Trump said he would create an "External Revenue Service" aimed at collecting tariffs and foreign revenue on January 20.
Trump Gets Ridiculed For 'External Revenue Service' Proposal
The president-elect's proposed new agency was mocked because it duplicates what's already being done by other government agencies.
5d
IRS says taxpayer service will suffer if Congress cuts modernization funds
The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on Jan. 27 with expanded tools that ...
NewsChannel20
12h
Illinois Department of Revenue Announces Start of 2025 Income Tax Season
The Illinois Department of Revenue (IDOR) announced they will begin accepting and processing 2025 tax returns on Monday, ...
Accounting Today
13h
IRS proposes regulations, draft form for corporate separations and reorganizations
The IRS and the Treasury Department issued proposed regs and reporting requirements for multi-year corporate separations and ...
Hosted on MSN
17h
IRS stimulus checks: Who is eligible to receive $1,400 payment, what to know
The Internal Revenue Service is sending out $2.4 billion in stimulus payments to approximately 1 million eligible taxpayers ...
JD Supra
14h
IRS Issues Much Anticipated Guidance on Catch-Up Contributions
On January 10, 2025, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued proposed ...
Accounting Today
13h
IRS Advisory Council names 18 new members
Eighteen new members have been named to the Internal Revenue Service Advisory Council .
Hosted on MSN
18h
IRS Free File 2025: Simplifying Tax Returns for All Americans
The IRS has relaunched its Free File program, offering a streamlined, cost-free way for Americans to file their taxes. With ...
17h
on MSN
IRS says be aware of scam warning signs during tax season
AUGUSTA, Ga. (WRDW/WAGT) - Tax season is less than two weeks away and the Internal Revenue Service says there are some ...
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