The commerce secretary said Trump's aim is to "abolish the Internal Revenue Service and let all the outsiders pay." ...

President Donald Trump says he believes tariffs are a panacea: a catch-all economic tool that can restore America’s ...

William Paul, a civil servant who became the acting chief counsel at the I.R.S. in January, is expected to be replaced by ...

President Donald Trump’s plan to build an “External Revenue Service” is stuck in limbo even as the White House mounts an aggressive trade war with Canada and other countries. On his first day in ...

US President Donald Trump proposes replacing income tax with tariffs on imports from countries like Mexico, Canada, and China ...

Commerce Secretary Howard Lutnick appeared to backtrack Thursday on a key tax proposal from him and President Donald Trump.

President Trump issued a Presidential Memorandum on “Reciprocal Trade and Tariffs” (the “Reciprocal Tariffs Memorandum”), ...

Lutnick's comments came after Trump announced that he would create an "External Revenue Service" to collect "Tariffs, Duties, and all Revenue that come from Foreign sources." The IRS building in ...

The Internal Revenue Service (IRS) is pausing the operational overhaul it started during the Biden administration and is set to make changes to its workforce, senior Treasury Department officials ...

Warren Buffett, the famed investor behind Berkshire Hathaway, offered a sharp rebuke of President Donald Trump’s 25-percent ...

President Donald Trump is telling farmers across the nation to prepare to grow more products for sale in the U.S. as tariffs ...