Richard J. Morgante and Pamela G. Watson have been named to the top two posts in the Wage and Investment Division, the Internal Revenue Service unit that serves most individual taxpayers. Morgante, currently the division's deputy commissioner, will move up to W&I commissioner, and Watson, now the division's compliance director,will succeed him as W&I's second highest executive. Both appointments will take effect in early July. Morgante succeeds Henry Lamar, who is retiring after 34 years with the IRS, the last two as W&I commissioner."Rich and Pam make a strong team, and their leadership and experience will help us effectively serve taxpayers and enforce the law," said IRS Commissioner Mark W. Everson. Based in Atlanta, W&I has processing and customer service responsibility for virtually all taxpayers, processing approximately 175 million paper and electronic returns for individuals and businesses last year, answering 67.3 million automated and assistor calls, and serving over 7 million customers face-to-face.
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Accounting firms are seeing an increase in scams involving the notices the IRS is sending to taxpayers when they don't provide their direct deposit information.
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The Top 50 Firm acquired Minneapolis-based Copeland Buhl, marking its first expansion into the Midwest.
May 4 -
Few enterprise risk management programs are truly integrated into strategic decisions, according to a new report.
May 4 -
Tens of millions of taxpayers may be able to claim big tax refunds thanks to a court decision, but they must file soon.
May 4 -
With about 41 million American workers lacking access to a retirement plan through their jobs, experts say advisors could play a pivotal role.
May 4 -
The top firms in accounting are all in on artificial intelligence, as it forces the profession to evolve rapidly.
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