Rossotti Remains at IRS Through 2002

Posted by accountingweb on Oct 19 2000 75 printer friendly

According to a story published in the Electronic Accountant, Internal Revenue Service Commissioner Charles Rossotti will remain in office after the presidential election and through November 2002.

Speculation surrounding Rossotti's departure have circulated for months. Many were certain he would leave in favor of the private sector. However, Rossotti says that one of the provisions of the new and improved IRS was to have the commissioner in office for five years.

In this case, his term would not be up until November 2002.

The IRS Restructuring and Reform Act of 1998 also called for a revised organizational structure, and for the first time since the Act was approved, the Service will begin staffing up with positions in taxpayer education and tax specialist positions.

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Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?

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