Private collection agencies are used by the IRS to collect overdue tax debts and the new contracts started September 23, 2021. Taxpayers with unpaid taxes may be contacted by them. The newest contracts have been awarded to CBE Group, Inc., Coast Professional, Inc., and ConServe.
Taxpayers dealing withthe IRS have the right to finalitywhengoing through an audit. Taxpayers have the right to know when the IRS has completed the audit. This is one of the ten basic rights owed to taxpayers, collectively known as the Taxpayer Bill of Rights.Here’s what these taxpayers need to know:
Our latest episode of our podcast, Talkin’ Tax, went in depth of the difference between Liens and Levies.
A lien is a legal claim against a Taxpayer’s property to secure payment of the tax debt. Meanwhile, a levy is a legal seizure of a Taxpayer’s property to satisfy a tax debt. If you want to learn more about the difference, check out our Lien vs. Levy podcast episode at https://fb.watch/7vBm9_4-P0/
The Internal Revenue Service announced on June 1, 2021 that it is currently accepting applications for the Internal Revenue Service Advisory Council (IRSAC) for terms that will begin in January 2022. Applications will be accepted through July 9, 2021. IRSAC members are appointed to three-year terms by the IRS commissioner. They also submit a report to the commissioner annually at a public meeting.