Trump Announces Creation of External Revenue Service to Oversee Tariffs and Foreign Revenue

Trump Announces Creation of External Revenue Service to Oversee Tariffs and Foreign Revenue

Donald Trump the former US President and current president elect recently announced plans to establish a new federal agency called the External Revenue Service (ERS). This agency aims to collect revenue from foreign sources including tariffs and duties.  Trump’s vision marks a significant departure from traditional IRS tax collection methods emphasizing a shift towards holding … Read more

Donald Trump Wants to Make Change Social Security: What Affects Retirees

Donald Trump Wants to Make Change Social Security: What Affects Retirees

Donald Trump is set to retake office on January 20 and major changes may be on the horizon. During his 2024 campaign, he emphasized several big ideas, especially about taxes. One of his most notable proposals includes eliminating taxes on Social Security benefits for retirees. While this might sound like a financial relief for seniors … Read more