Washington (Dec. 29, 2003) -- The Internal Revenue Service’s acting chief financial officer Eileen Powell is now the tax agency’s official CFO.

The IRS’ CFO is responsible for the custodial accounting of $2 trillion in taxpayer receipts and the agency’s $10 billion annual operating budget. In addition, the CFO serves as the principal advisor to the IRS commissioner on financial management, financial systems, strategic planning, performance measurement, budget formulation, budget execution and internal controls.

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