Drake Software blog for tax pros, covering tax, IRS news, and more

Private Debt Collectors Recovered Just 2 Percent of Owed Taxes

Private Debt Collectors Recovered Just 2 Percent of Owed Taxes

In 2017 the IRS embarked on a familiar quest: to collect outstanding taxes from delinquent taxpayers. Some members of Congress thought private industry could succeed where the IRS had fallen short previously, and inserted language into a highway funding bill that mandated the IRS use private debt collection firms to recover the back taxes.…

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