"Serious Problem" at IRS: Private Debt Collectors

phone talkLast year the IRS reactivated a program using private debt collectors to collect unpaid taxes from individuals with delinquent tax debts. According to the National Taxpayer Advocate, the IRS' Private Debt Collection (PDC) program is a "most serious problem."

A troubling finding of a recent report was that taxpayers, whose tax debts were assigned to private collection agencies, entered into installment agreements that they are unable to afford, with approximately 43 percent earning income below their allowable living expenses. 

To make matters worse, the program costs the U.S. Treasury more than the money it brings in.

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