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 ...

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.

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

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 ...

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 ...

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

President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from ...

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

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