Marjorie Rollinson, the 49th IRS Chief Counsel and first woman to permanently hold the post, announced her intention to retire early next year at a George Washington University tax conference panel on December 13, as reported by Bloomberg Tax. The chief counsel for the agency plays a key role in developing guidance and regulations on enacted tax legislation.
Trump’s second bite at the IRS
The IRS chief counsel’s departure – as per tradition when a new administration begins – sets up President-elect Trump’s second opportunity to reshape IRS’ leadership after he is sworn into office next January. Trump has already announced his intention to nominate former Rep. Billy Long (R-Mo.) as the new commissioner and replace current IRS Commissioner Danny Werfel, who was nominated by President Biden and confirmed by the Senate in 2023 but has not completed his full-term at the agency. (For prior coverage, see Tax News & Views, Vol. 25, No. 32, Dec. 6, 2024.)
While Rollinson has spent less than a year as the agency’s top legal advisor, some significant tax guidance was released under her watch, including the Inflation Reduction Act’s (P.L. 117-169) proposed rules on the corporate alternative minimum tax as well as a variety of energy tax credit regulations. (For prior coverage, see Tax News & Views, Vol. 25, No. 27, Sept. 13, 2024.)
The Senate confirmed Rollinson’s nomination to become the IRS chief counsel in a bipartisan vote on February 29. Before taking the position, she had spent much of her career at a Big Four professional services firm, as well as served in the IRS’s Chief Counsel office from 2013 to 2019. (For prior coverage, see Tax News & Views, Vol. 25, No. 8.)
30 Rockefeller Plaza New York, NY 10119-0015 United States
About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415,000 peopleworldwide make an impact that matters at www.deloitte.com.
