internal revenue service irs news

Trump Wants an 'External Revenue Service'

Trump says he’s creating ‘External Revenue Service’ for tariffs

President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans.

New York Post on MSN · 1d

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.

The Associated Press on MSN · 9h

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.

IRS announces date it will start accepting 2024 tax returns

The Plain Dealer Cleveland on M… · 4h

IRS announces date it will start accepting 2024 tax returns: See when

WASHINGTON -- The Internal Revenue Service will begin accepting tax returns for tax year 2024 on Monday, Jan. 27, the IRS agency announced. The deadline to file taxes for tax year 2024 is April 15. The IRS expects more than 140 million Americans to file individual tax returns between Jan. 27 and April 15, according to a news release.

NewsChannel20 · 2h

Illinois Department of Revenue Announces Start of 2025 Income Tax Season

The Illinois Department of Revenue (IDOR) announced they will begin accepting and processing 2025 tax returns on Monday, January 27, the same date the Interna

AL.com on MSN · 4h

How to file your taxes for free starting today

The Internal Revenue Service won’t start accepting tax returns until later in January but some options will allow people to get a head start on their taxes. Starting today, almost all tax filers can submit returns electronically using IRS Free File on IRS.

IRS Sending $2.4B in Unclaimed Stimulus Payments

Axios on MSN · 6h

IRS stimulus checks: Who is eligible to receive $1,400 payment, what to know

The Internal Revenue Service is sending out $2.4 billion in stimulus payments to approximately 1 million eligible taxpayers who didn't receive 2021 COVID recovery relief payments. The big picture: The special payments are as high as $1,

Hosted on MSN · 4h

IRS Sending $2.4B In Unclaimed Stimulus Payments: Here's Who's Eligible

Around $2.4 billion in automatic payments will be issued to nearly one million taxpayers, according to the Internal Revenue Service (IRS). The agency said they will go to those who missed out on claiming the 2021 Recovery Rebate Credit.

Yahoo · 7h

IRS sending stimulus checks this month to one million taxpayers. Here's who's eligible

This month, the IRS will be sending out stimulus checks of up to $1,400 to around one million U.S. taxpayers. Find out here if you're eligible.

Accounting Today3h

IRS Advisory Council names 18 new members

Eighteen new members have been named to the Internal Revenue Service Advisory Council .

11hon MSN

IRS Announces Changes After False Social Media Advice

The Internal Revenue Service has announced a raft of changes for the 2025 tax filing season to help combat scams and fraud, ...

IRS says taxpayer service will suffer if Congress cuts modernization funds

The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on Jan. 27 with expanded tools that ...

Accounting Today2h

IRS proposes regulations, draft form for corporate separations and reorganizations

The IRS and the Treasury Department issued proposed regs and reporting requirements for multi-year corporate separations and ...

5don MSN

IRS service is improving, report to Congress says. But, it’s still dogged by ‘delays, frustration’

For the first time since I became the National Taxpayer Advocate in 2020, I can begin this report with good news: The taxpayer experience has noticeably improved,” Taxpayer Advocate Erin Collins wrote ...

JD Supra6d

Treasury and IRS Release Final Regulations Applicable for Front-End Service Providers Facilitating Digital Asset and Cryptocurrency Transactions

On December 30, 2024, the Department of the Treasury (the Treasury) and the Internal Revenue Service (the IRS) published the final regulations ...

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