FinanceRegs.com » Collections http://www.financeregs.com Breaking news & updates for Finance and Accounting pros Wed, 14 Apr 2010 20:11:23 +0000 en hourly 1 http://wordpress.org/?v=abc One ‘vendor’ that’s giving up on collection calls http://www.financeregs.com/one-vendor-thats-giving-up-on-collection-calls/ http://www.financeregs.com/one-vendor-thats-giving-up-on-collection-calls/#comments Thu, 12 Mar 2009 11:00:52 +0000 Carol Katarsky http://www.financeregs.com/?p=910 IRS is eliminating its private debt collection program after three years. But that doesn’t mean those back taxes will go uncollected. The much-criticized program was likely to get axed by Congress anyway — many felt the program cost more to implement than it actually collected.

Now, IRS will continue to go after unpaid taxes using internal resources: It plans to hire approximately 1,000 new collection agents this year.

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