There was an article that circulated recently suggesting that bankruptcies didn’t peak as expected. If the folks who are reaching out to me are any
Read MoreTag: debt collections
IRS Will Limit Collections Activities During COVID-19 Crisis
The Internal Revenue Service (IRS) has announced a series of steps to assist taxpayers impacted by COVID-19. Relief ranges from easing payment guidelines to postponing compliance actions.
Read MoreCongress, Ignoring History, Considers Turning Over Tax Debts To Private Collection Agencies
The tax gap in the United States is estimated to be about $385 billion. The tax gap is the difference between what the Internal Revenue
Read MoreIRS Reverses Course On Collections
Internal Revenue Service (IRS) Commissioner Doug Shulman has announced that the IRS will not renew its contracts with two private debt collection agencies. Those contracts
Read MoreIndebted To Uncle Sam?
You can’t turn on the TV lately without seeing those ads from so-called “debt counseling” services that offer to reduce or eliminate your credit card
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