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

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

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 ...

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

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

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

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

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

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

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