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 ...

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 ...

The president-elect's latest proclamation on Truth Social lacked details but appeared to reinforce his tariff plan ...

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.