I.R.S. Paid $20 Million to Collect $6.7 Million in Tax Debts
- 6 years ago
I.R.S. Paid $20 Million to Collect $6.7 Million in Tax Debts
figured that the new law would require an additional $495 million over the next two fiscal years to handle tasks like updating programming, answering phone calls, drafting
and publishing new forms, revising regulations and training employees on the new code.
The report underscored Ms. Olson’s repeated complaints
that Congress is underfunding the agency, warning that the new tax law will bring added pressures that will further impair its ability to respond to taxpayers, update technology and maintain compliance programs.
The agency receives more than 95 million phone calls a year, for example, but it expects to answer only about 60 percent during the current filing season;
that number is estimated to decline to 40 percent for the rest of the year.
Private debt collectors cost the Internal Revenue Service $20 million in the last fiscal year,
but brought in only $6.7 million in back taxes, the agency’s taxpayer advocate reported Wednesday.
doesn’t have enough funding, it can’t do the things it needs to do to administer the
tax system.’” Both added funding and service improvements are needed, she said
figured that the new law would require an additional $495 million over the next two fiscal years to handle tasks like updating programming, answering phone calls, drafting
and publishing new forms, revising regulations and training employees on the new code.
The report underscored Ms. Olson’s repeated complaints
that Congress is underfunding the agency, warning that the new tax law will bring added pressures that will further impair its ability to respond to taxpayers, update technology and maintain compliance programs.
The agency receives more than 95 million phone calls a year, for example, but it expects to answer only about 60 percent during the current filing season;
that number is estimated to decline to 40 percent for the rest of the year.
Private debt collectors cost the Internal Revenue Service $20 million in the last fiscal year,
but brought in only $6.7 million in back taxes, the agency’s taxpayer advocate reported Wednesday.
doesn’t have enough funding, it can’t do the things it needs to do to administer the
tax system.’” Both added funding and service improvements are needed, she said