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

Donald Trump said he would create an "External Revenue Service" aimed at collecting tariffs and foreign revenue on January 20 ...

The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.

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 ...

Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from ...

The president-elect's proposed new agency was mocked because it duplicates what's already being done by other government ...

U.S. President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service ...

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

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

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

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.

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