CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Change At The Top For Embattled IRS

Change At The Top For Embattled IRS

by Leroy Baker,, New York

12 October 2012

The leadership of the United States Internal Revenue Service (IRS) is about to change hands at perhaps one of the most challenging periods in the agency's history.

The Treasury confirmed on October 10 that Doug Shulman, the 47th commissioner of the IRS, has decided to step down on November 9, the last day of his term.

Shulman, who had already indicated earlier this year that he planned to vacate the post at the end of his term, will be replaced Deputy Commissioner for Services and Enforcement Steven T. Miller, who is a 25-year veteran of the IRS.

Miller will serve as acting IRS Commissioner when Shulman steps down, but faces something of a baptism of fire; there is much uncertainty over tax law for 2013 with several temporary individual income tax provisions due to expire at the end of this year, and little prospect of them being renewed until the next Congressional period, which begins next year.

What's more, the IRS is responsible for implementing much of President Obama's new healthcare law, which contains 47 tax or tax-related provisions, some of which are already in force or due to be introduced over the next 18 months.

The healthcare law has been described as the largest entitlement programme in a generation, and the ever-increasing remit of the agency has worried some members of Congress. Charles W. Boustany (R - Louisiana), Chairman of the House Subcommittee on Oversight observed in a recent Ways and Means Committee hearing that: "Through the years, Congress has sought to advance a multitude of non-revenue objectives through the tax code – energy policy, housing policy, and of course health care policy. Making the IRS both revenue collector and administrator of these activities has diverted IRS resources from its central mission and can diminish taxpayer service.”

Every year, the IRS is charged with collecting roughly USD2.4 trillion in taxes, processing 145m individual tax returns, issuing USD345bn in tax refunds, and administering numerous non-revenue. However, almost 75% of the agency's requested budget increase of USD360m will be spent on technology needed to deliver hundreds of billions of dollars of premium tax credits.

Shulman nevertheless says that the IRS has made "remarkable progress in the last few years during a challenging period".

"It has been an honor to serve the American people during this dynamic time," he added.

TAGS: tax | law | tax credits | Internal Revenue Service (IRS) | health care | United States | individual income tax

To see today's news, click here.


Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »

Stay Updated

Please enter your email address to join the mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.

To manage your mailing list preferences, please click here »