The Internal Revenue Service (IRS) has announced that a new payment option has been added to the private debt collection program. The payment option is intended to make it easier for those who owe to pay their tax debts, although some practitioners, like me, fear that it could lead to abuse. Taxpayers can now choose a preauthorized…
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 Lewis (D-GA), Ways and Means Committee Ranking Member Sander Levin (D-MI), and Budget Committee Ranking Member Chris Van Hollen (D-MD) have issued the following statement: It is misguided and harmful…
Those who fail to learn from history are doomed to repeat it. – Winston Churchill Sometimes it feels like the government does this best. Failed policies are often recycled – often many times – in some sort of desperate attempt to make them work. Or to spend taxpayer dollars to promote self-serving agendas. Sometimes it’s…