The Taxpayer First Act (“TFA”), which was signed into law on July 1, 2019, makes the most significant changes to administrative procedures since ...

Senate Finance Committee chairman Mike Crapo. R-Idaho, and ranking member Ron Wyden, D-Oregon, issued a discussion draft ...

The amount issued in tax refunds for the 2023 fiscal year has increased by 2.7 percent, the IRS has announced.

President-elect Donald Trump said Tuesday that he will create an “External Revenue Service” to collect revenue from tariffs, a signal of his determination to impose sweeping duties on imports.

He also criticised the current reliance on domestic taxes through the Internal Revenue Service (IRS) and emphasised the need for foreign entities benefiting from trade with the US to contribute ...

Trump also criticised the current reliance on domestic taxes through the revenue-service"Internal Revenue Service (IRS) and emphasised the need for foreign entities benefiting from trade with the ...

US President-elect Donald Trump on Tuesday announced his plans to create the External Revenue Service, a new body aimed at collecting tariffs, duties, and all revenue derived from foreign sources.

In a social media post, Trump shared that the "External Revenue Service" will officially launch on his presidential inauguration day, Jan. 20, 2025. He criticized the Internal Revenue Service (IRS ...

President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service ...

He compared his planned creation to the Internal Revenue Service, which is the nation’s domestic tax collector. The creation of a new agency requires an act of Congress, and Republicans hold the ...