IRS Private Tax Debt Collection Program Criticized

At least IRS efforts to use private debt collectors, which have failed in the past, aren’t losing money, according to a new report by the Treasury Inspector General of Tax Administration (TIGTA). But the program is far from a roaring success.

Private tax debt collection was authorized by a highway spending measure, the Fixing America’s Surface Transportation (FAST) Act, without much fanfare in 2015. The IRS had gone down this path twice before – kicking off private debt collections in 1996 and again in 2006.

Click here for rest of article...