WASHINGTON, D.C.-- In 2009, the Internal Revenue Service (IRS) decided to end a three-year program that used private debt collectors to chase down delinquent taxpayers after an internal report found that it was actually losing the government money and that government employees were much more efficient at collecting debt than their private sector
In With The Loan Sharks: The IRS Hires Private Debt Collectors
The IRS is attempting – for the third time – to use private debt collection companies to recover unpaid taxes from delinquent taxpayers. But experts warn that using such companies could lead to unfair treatment for borrowers and an increase in imposter tax scams.