June 06, 2000
New IRS Section to Serve Needs of Manufacturing,
Construction & Transportation Industry Taxpayers
WASHINGTON - To better respond to the needs of a diverse customer base, a
newly created section of the Internal Revenue Service will be devoted expressly to the
needs of corporate taxpayers in the heavy manufacturing, construction and
Housed within the IRS Large and Mid-Size Business Division (LMSB), this
section will be headquartered in central New Jersey and will be staffed by a group of
tax law specialists with expertise in the areas of air and ground transportation, the
aerospace and automotive industries, shipping, construction and real estate. Initially, it
will serve nearly 103,000 taxpayers -- 1,500 of which are large businesses.
"These particular industries work in a highly competitive and cyclical global
environment that is extremely sensitive to fluctuations in interest rates," Industry
Director Tom Smith said Tuesday. "By dedicating a team of experts to respond to their
specific needs, we hope to better serve this important sector of the taxpaying
Like the rest of LMSB, the Heavy Manufacturing, Construction and
Transportation group will embrace an innovative approach to resolve taxpayer issues
earlier and streamline the tax dispute process to ease burdens on business, Smith
said. The organization will also assist taxpayers with pre-filing services to help avoid
This combination of factors should help reduce the cost and duration of IRS
examinations, Smith said.
Leading the group will be Smith, who began his 32-year career with the IRS as a
revenue agent. Since completing the Executive Development program in 1993, he has
served as Director of International District Operations, Deputy Assistant Commissioner
(International), Assistant Commissioner (Examination) and Organizational Performance
Three field directors located in New Jersey, Detroit and Southern California will
report to Smith. In all, 14 territory managers will be based throughout the nation.
In addition to the Heavy Manufacturing, Construction and Transportation section,
LMSB is dividing into four other industry-specific segments -- Communications,
Technology and Media; Retailers, Food and Pharmaceuticals; Financial Services and
Healthcare; and Natural Resources. The overall goal of LMSB is to develop a tailored
set of services to meet the needs of the taxpayers it serves.
The Large and Mid-Size Business Division is one of the four arms of the
restructured IRS. It will serve 210,000 filers that made tax payments of $712 billion.
The other three organizational divisions of the IRS include Wage and Investment;
Small Business and Self Employed; and Tax Exempt/Government Entities.
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