New IRS Division Supports Retail, Food & Pharmacy Biz | AccountingWEB

New IRS Division Supports Retail, Food & Pharmacy Biz

One of the effects of the modernized IRS is the necessity to service businesses faster and resolve issues before they become too difficult to handle.

A new section of the Large and Mid-Size Business Division (LMSB) will focus on just that for the food, retail and pharmaceutical industries. In addition, this includes any business dealing in food and beverages, agricultural commodities and farms.

Leading the effort is CPA Bob Brazzil, who will serve as industry director for the LMSB, which is expected to handle more than 200,000 corporations and partnerships at levels of more than $5 million in assets.

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