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

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.

President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House ...

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

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 ...

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

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

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

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

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.