Margaret Richardson is a tax and business consultant. Until June 2003, she was a tax partner at Ernst & Young, where she was the National Director of IRS Practice & Procedure and an adviser to the Foreign Investment Advisory Council in Russia. An attorney with an extensive background in tax, corporate, and financial services issues, she was appointed by President Bill Clinton as Commissioner of the Internal Revenue Service, a post she held from 1993 to 1997. Prior to that appointment, she was a partner at the Washington, D.C. law firm of Sutherland, Asbill and Brennan.
As Commissioner of the IRS, Ms. Richardson championed improved tax administration and better taxpayer service by making it easier for taxpayers to obtain information, file returns, and make tax payments. She worked closely with tax administrators in numerous foreign jurisdictions, as well as state and local tax administrators and other state officials throughout the United States.
Mrs. Richardson graduated from Vassar College with a degree in political science and received her J.D. with honors from The George Washington University Law School, where she was an editor of the Law Review. After law school, she clerked at the U.S. Court of Claims (now the U.S. Court of Appeals for the Federal Circuit) and then joined the Office of Chief Counsel of the Internal Revenue Service, where she became the first woman promoted to executive rank. She was with the law firm of Sutherland, Asbill and Brennan from 1977 until 1993. She served on the Internal Revenue Service Commissioner’s Advisory Group from 1988 to 1990 and chaired the group in 1990. She also participated in a Joint Committee on Taxation Study on Tax Simplification in 2000-2001.
Mrs. Richardson, a native of Waco, Texas, is married and has one daughter (a graduate of Beauvoir and the National Cathedral School), a granddaughter, and grandson. Her daughter was one of the first female acolytes at the Cathedral. Mrs. Richardson is a member of the District of Columbia and Virginia bars, and a Fellow of the American Bar Foundation. She is also a member of the Washington Women’s Forum and the International Women’s Forum. She serves on the Boards of Legg Mason, Inc., WETA, the Eurasia Foundation and the Eurasia Partnership Foundation, Taxpayers Against Fraud, and the Piedmont Environmental Council. She previously served on the Boards of the Protestant Episcopal Cathedral Foundation (2007-2015), US-Russia Business Council, USA for UNHCR (the UN refugee agency), which she chaired, the National Museum of Women in the Arts, the Women’s Campaign Fund, The Fishing School (an after school program for at-risk children), and the National Cathedral School for Girls, where she also served as President of the Parents’ Association.