If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President Donald Trump is creating something called the External Revenue Service.

The Internal Revenue Service is one of the oldest bureaus of the U.S., and it is tasked with collecting taxes from individuals and businesses. The Internal Revenue Service, better known as the IRS ...

There’s a lot of information (and money) on the table during tax season. Unfortunately, that also makes it a prime time for ...

And as the season continues to get under, the Internal Revenue Service (IRS) wants taxpayers to be aware of ... or a tax ...

Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd ...

The Internal Revenue Code outlines how much individuals and businesses pay in taxes to the U.S. government based on their income and earnings. The Internal Revenue Code is the federal tax law in ...