IRS initiative for private debt collection.
The Tax Adviser › Vol. 37 Nbr. 1, January 2006
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IRS initiative for private debt collection.
The American Jobs Creation Act of 2004 (AJCA), Section 881 (a)(1), created Sec. 6306, permitting private collection agencies (PCAs) to collect Federal tax debts. On Nov. 2, 2005, at the AICPA National CPA/IRS Tax Issues Meeting in Washington, DC, the IRS announced it expects t...
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