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Trump, Internal 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 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 says he'll create an 'external revenue service' on Day One to help collect tariffs and revenue from other countries
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
Trump: Tariffs to be collected by "External Revenue Service"
The president-elect's latest proclamation on Truth Social lacked details but appeared to reinforce his plan for sweeping tariffs.
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.
Trump proposes ‘External Revenue Service’ to tax foreign sources
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
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.
U.S. Sen. Bernie Moreno introduces bill to fund Trump’s External Revenue Service
WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding the “External Revenue Service” that President Donald Trump has promised to create.
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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 ...
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on MSN
A tax preparation service will be giving away free coffee to Houstonians and tips during tax season
Jackson Hewitt Tax Services, a New Jersey-based tax preparation service company, will be giving away free coffee and tax tips ...
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Yellen says Trump's plan for new revenue agency won't save money for taxpayers
U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...
JD Supra
1d
Department of the Treasury and the Internal Revenue Service Issue Final Regulations on Section 45V Clean Hydrogen Production Tax Credit
On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final ...
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