On A New Mission

BY JOURNAL

In one of the first steps of the overhaul mandated in the Internal Revenue Service Restructuring and Reform Act of 1998, the IRS unveiled a new 27-word mission statement.

Its mission is to "provide America's taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all."

According to IRS Commissioner Charles O. Rossotti, the mission statement reflects the new attitude of the IRS. "Our top priority is putting the interests of the taxpayers first," he said.

SPONSORED WHITE PAPER

Preparing the statement of cash flows

This instructive white paper outlines common pitfalls in the preparation of the statement of cash flows, resources to minimize these risks, and four critical skills your staff will need as you approach necessary changes to the process.

RESOURCES

Keeping you informed and prepared amid the COVID-19 crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.