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

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

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.

The president-elect, who has vowed to shrink the size of government, would be creating an agency to do functions already ...

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

The man who wants to shrink the government will be adding a new agency performing tasks already covered by other agencies ...

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

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 ...