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The IRS is organised to carry out the responsibilities of the Treasury Secretary per Internal Revenue Code (IRC) Section 7801. The IRS was created based on the secretary's authority to administer and ...

On January 17, 2025, multiple news outlets and other sources reported the existence of a memorandum circulated by the U.S.

In the first few weeks of 2025, boards of directors have started asking what steps a company is taking to protect their CEO.

If an investor uses IRS Code Section 1031 to recognize ... To record the Section 1031 exchange with the Internal Revenue Service, it is important to file Form 8824 with the tax return for the ...

The IRS is organised to carry out the responsibilities of the Treasury Secretary per Internal Revenue Code (IRC) Section 7801. The IRS was created based on the secretary's authority to administer ...

President-elect Donald Trump said Tuesday that he will create an “External Revenue Service” to collect revenue from tariffs, a signal of his determination to impose sweeping duties on imports.

The amount issued in tax refunds for the 2023 fiscal year has increased by 2.7 percent, the IRS has announced.

He compared his planned creation to the Internal Revenue Service, which is the nation’s domestic tax collector. Related: What are tariffs and who pays for them? What’s the potential impact on ...

“For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered ...

Trump wants to create an “External Revenue Service,” he said in a post to his Truth Social platform. The proposed entity, which would be a counterpart to the federal tax-focused Internal ...