Private debt collectors will begin collecting old tax debts this month. The initiative is part of a new law passed by Congress in 2015 which directs the Internal Revenue Service (IRS) to hand over certain unpaid tax bills to private agencies for collections.
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If You Owe Taxes To IRS, You Could Lose Your Passport And Your Ability To Fly
On December 4, 2015, President Obama signed the FAST Act. Included in the FAST Act is a provision that allows the State Department to yank passports for delinquent taxpayers. Here’s what you need to know.
Read MoreGet Out Of The Tax Debt Doghouse: 9 Tips For A Fresh Tax Start
Up to your neck in tax trouble? Here are 9 ways to get out of trouble – just in time for National Get Out Of the Doghouse Day!
Read MoreFears Over Taxpayer Confusion Mount After It's Revealed IRS Might Be Calling You After All
For months, the IRS has been warning taxpayers about telephone scams. With tax professionals reporting that IRS actually is calling taxpayers, here’s what you need to know to protect yourself.
Read MoreTaxpayers Get A Breather On Passport Requirement For Domestic Travel As REAL ID Requirement Delayed
There’s good news for delinquent taxpayers hoping to use their driver’s licenses to fly domestic: the Department of Homeland Security (DHS) Secretary Jeh C. Johnson has announced an extension for states and territories to fully implement the Real ID Act.
Read MoreCongress Orders IRS To Use Private Debt Collection Companies
On December 4, 2015, President Obama signed into law the Fixing America’s Surface Transportation Act, or “FAST Act.” It provides long-term funding for transportation projects,
Read MoreNew Law Warns Delinquent Taxpayers: Pay Up Or You Could Lose Your Passport
On December 4, 2015, President Obama signed into law the Fixing America’s Surface Transportation Act, or “FAST Act.” The purpose of the bill was to
Read MoreMembers Of Congress Speak Out Against Private Tax Debt Collections
As concerns mount over the recent proposal to turn over delinquent tax accounts to private debt collectors, Ways and Means Oversight Subcommittee Ranking Member John
Read MoreDespite Complaints, Past Failures & Opportunities For Fraud, Congress Pushes Private Tax Collection
Those who fail to learn from history are doomed to repeat it. – Winston Churchill Sometimes it feels like the government does this best. Failed
Read MoreTax Collections Hit Record Highs With No Dip In Spending
With two more months left to go in the fiscal year, the feds are on a roll. Tax revenues for the first ten months of
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