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 ...

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

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

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.

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

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

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

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

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

Stephen Roach points out that the new US "External Revenue Service" would target their domestic importers, not foreign ...