The bill would completely overhaul the U.S. taxation system and essentially disband the Internal Revenue Service.

As the industry’s clout grows, Congress could wipe out the IRS requirement for Form 1099 for decentralized transactions.

The 50-page list of suggestions from House Budget Committee Republicans includes tax increases for single parents, students ...

What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS.

You already pay a lot in taxes, so it makes sense to try to save money when filing your annual tax return. The Internal ...

The Republican has also said he will levy ... “A better priority would be to improve the operation of the Internal Revenue Service to better serve US taxpayers.” Alternatively, economist ...

The President-elect announced plans to create a new agency to collect tariffs and other revenues from foreign nations, though ...

Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested.

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

U.S. President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service ...