IRS Specializes to Help Retailers, Food and Pharmaceuticals Industries

Jun 06, 2000, 01:00 ET from Internal Revenue Service

    WASHINGTON, June 6 /PRNewswire/ -- A newly created section of the
 modernized Internal Revenue Service will address the unique needs of the
 retail, food and pharmaceuticals industries.
     The IRS's new Large and Mid-Size Business Division (LMSB) will have a
 special industry section devoted to Retailers, Food and Pharmaceuticals.  This
 section, headquartered in Chicago, will serve 1,000 large businesses and
 28,200 mid-sized businesses.
     This sector includes businesses dealing in food and beverages, retailing,
 pharmaceuticals, agricultural commodities and farms.
     "These industries have similar financial reporting and growth patterns.
 Under the new IRS structure, we can build a more specialized, responsive
 approach for these industries.  This will help us develop greater expertise
 and improve service for this important group of businesses," Industry Director
 Bob Brazzil said Tuesday.
     Like the rest of LMSB, Retailers, Food and Pharmaceuticals will embrace an
 innovative approach to resolve taxpayer issues earlier and streamline the tax
 dispute process to ease burdens on business, Brazzil said.  The organization
 will also assist taxpayers with pre-filing services to help avoid tax
     This combination of factors should help reduce the cost and duration of
 IRS examinations, Brazzil said.
     Leading the Retailers, Food and Pharmaceuticals group will be Brazzil, who
 is licensed as a Certified Public Accountant.  He began his IRS career as a
 revenue agent in St. Louis.  He held various management positions in St.
 Louis, Kansas City, Chicago and Baltimore before being selected for the IRS
 Executive Selection and Development Program.  Most recently, Brazzil served as
 director of the IRS Illinois District.
     Reporting to Brazzil will be two field directors in Chicago and Southern
 California.  Workers will be based from coast-to-coast to deal with the
 retailers, food and pharmaceutical industry sections.
     Besides Retailers, Food and Pharmaceuticals, LMSB will be divided into
 four other special industry segments.  In all, LMSB will serve 210,000
 corporations and partnerships with at least $5 million in assets.
     The change is part of the IRS's shift from a geographic-based organization
 to a customer-focused agency built around the specialized needs of taxpayers.
     In all, the IRS will create four Divisions, each dedicated to serving a
 specific group of taxpayers.  Besides LMSB, the IRS will be divided between
 the Tax Exempt and Government Entities Division; the Small Business and Self-
 Employed Division; and the Wage and Investment Division serving individual

SOURCE Internal Revenue Service