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Trump to create External Revenue Service

Hosted on MSN · 7h

Could Donald Trump's 'External Revenue Service' Work? Analysts Respond

President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from other countries when he takes power next week. Newsweek has contacted the Trump transition team for comment via email.

The Associated Press on MSN · 1d

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.

New York Post on MSN · 2d

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.

Accounting Today1d

Tax pros brace for 2026: Trump, TCJA extensions and crypto

The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for ...

Hosted on MSN4h

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 ...

8h

IRS will soon start accepting tax returns; how long will it take to get your refund?

Most filers who submit their returns digitally receive their refunds within 21 days, but paper filers will have to wait for ...

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