Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

Seagate is a strong buy with a $172 price target, driven by HAMR tech leadership, margin expansion, and robust earnings ...

WASHINGTON — President-elect Donald Trump on Tuesday announced plans to create a new agency called the External Revenue Service to collect tariffs and other revenues from foreign nations. "We ...

THE Marcos Jr. administration reduced its revenue target to P4.520 trillion this year on prospects of slower economic growth, reduced import volumes and lower tariff collections. In the Cabinet-level ...

White House press secretary Karoline Leavitt declined to answer questions about how President Donald Trump‘s yet-to-be-launched External Revenue Service will work, just hours before he’s set ...

President Donald Trump 's proposed 'External Revenue Service,' could be deployed in order to rake in money from foreign countries forced to pay his new whopping tariffs.

Mr. Trump has previously described his idea for the External Revenue Service – meant to be a play on the unpopular domestic tax collection agency – as an arm of government "to collect tariffs ...

Tariffs brought in only $77 billion, or 1.57 percent of total revenue, in 2024. More importantly, that’s only 1.14 percent of that year’s $6.75 trillion in spending.

For this purpose, we are establishing the External Revenue Service to collect all tariffs, duties, and revenues. It will be massive amounts of money pouring into our Treasury, coming from foreign ...

One of the president’s first executive orders called for the creation of an External Revenue Service to take in money from tariffs, an agency that his commerce secretary has said should replace ...