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Trump Wants an 'External Revenue Service'
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 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.
IRS will soon start accepting tax returns
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 at least four weeks for information on the status of their return, the IRS noted. You can track your refund using the Where’s My Refund tool within 24 hours of e-filing.
IRS Free File 2025: Simplifying Tax Returns for All Americans
The IRS has relaunched its Free File program, offering a streamlined, cost-free way for Americans to file their taxes. With new features for 2025, including a Spanish-language option, this tool is set to make tax season easier for millions.
Illinois' tax season start date announced by state officials
Officials have revealed when Illinois taxpayers can begin filing their taxes in the state, along with expectations on how long it will take to process refunds. Tax season kicks off this month, with returns due by April 15 in both the U.
Accounting Today
1d
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 ...
3d
The 2025 tax season opens soon: Here's what to know about post-Helene deadlines in NC, more
Following Tropical Storm Helene, North Carolina (and several other states) received extensions on tax filing and payment.
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