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Trump, Revenue Service
Trump announces creation of External Revenue Service — here’s what new agency will collect
The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.
Trump's 'External Revenue Service' will collect from importers not 'foreign sources'
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.
Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Trump, IRS
IRS Commissioner Daniel Werfel says he’ll step down on Trump’s Inauguration Day
IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.
IRS chief to step down upon Trump's inauguration, well before his term expires
IRS Commissioner Danny Werfel told staff his early departure would be the best thing for the agency given that Trump has already announced his intention to install a replacement. Werfel could have stayed in the role and forced Trump to fire him,
IRS commissioner to resign as Trump eyes replacement
Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.
8h
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Hosted on MSN
5h
Tax refund delays: What every american taxpayer needs to know
For many Americans, tax refunds are a financial lifeline, yet millions face significant delays in receiving them. Despite ...
20h
Massachusetts roofer agrees to plead guilty to hiding $1.6 million in income from IRS
A Massachusetts roofer has agreed to plead guilty to hiding $1.6 million in income from the Internal Revenue Service, the U.S ...
JD Supra
1d
2025 California Wildfire Tax Relief
The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...
Hosted on MSN
5h
Tax season: Tips for U.S. Taxpayers in 2025
As the new year unfolds, millions of Americans gear up for tax season, a crucial period that demands preparation and ...
1d
on MSN
IRS to auction a 1.7-acre property in Youngsville. Here's how you can bid on the property
The Internal Revenue Service announced it will conduct a public sale of a residential property on 1.717 acres in Youngsville.
JD Supra
1d
Treasury and IRS Release Final Regulations for Tech-Neutral Clean Electricity Production and Investment Tax Credits
On January 7, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released Final Regulations (the ...
1d
on MSN
IL Dept. of Revenue announces start of 2025 income tax season
With tax season approaching quickly, the Illinois Department of Revenue (IDOR) and the Internal Revenue Service (IRS) are ...
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