Given the sad and deteriorating state of IRS collections, this move is probably a free lunch for the government, since the accounts would likely otherwise expire with the ten year statute of limitations on collections. The IRS will send written notice to the taxpayer and representatives that their account is being transferred to a collection agency. The private collectors will be able to identify themselves as contractors of the IRS.
Given the sad and deteriorating state of IRS collections, this move is probably a free lunch for the government, since the accounts would likely otherwise expire with the ten year statute of limitations on collections. The IRS will send written notice to the taxpayer and representatives that their account is being transferred to a collection agency. The private collectors will be able to identify themselves as contractors of the IRS.
Share this Article
Recommended