To better respond to the needs of a diverse customer base, a newly created section of the Internal Revenue Service (IRS) will be devoted expressly to the needs of corporate taxpayers in the heavy manufacturing, construction, and transportation industries. Housed within the IRS Large and Mid-Size Business Division (LMSB), this section will be headquartered in central New Jersey and will be staffed by a group of tax-law specialists with expertise in the areas of air and ground transportation, the aerospace and automotive industries, shipping, construction, and real estate. Initially, it will serve nearly 103,000 taxpayers -- 1,500 of which are large businesses. "These particular industries work in a highly competitive and cyclical global environment that is extremely sensitive to fluctuations in interest rates," notes Tom Smith, industry director. "By dedicating a team of experts to respond to their specific needs, we hope to better serve this important sector of the taxpaying community." The LMSB is one of the four arms of the restructured IRS. It will serve 210,000 filers that made tax payments of $712 billion. The other three organizational divisions of the IRS include Wage and Investment; Small Business and Self Employed; and Tax Exempt/Government Entities.