Federal Tax Debts : Reporting Proposals & the IRS Collection Process
Book Details
Format
Paperback / Softback
ISBN-10
1624174507
ISBN-13
9781624174506
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
May 14th, 2013
Print length
98 Pages
Weight
182 grams
Dimensions
23.20 x 15.80 x 0.70 cms
Ksh 15,300.00
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Millions of individual and business taxpayers owe billions of dollars in unpaid federal tax debts, and the IRS expends substantial resources trying to collect these debts. Other federal agencies that are owed non-tax debts report such debts to credit bureaus, in part as a tool to encourage debtors to pay. However, the IRS is not allowed to directly report tax debts to credit bureaus because long-standing federal law protects the privacy of taxpayers'' information. This book examines the inventory of tax debts and the characteristics that may be relevant to a potential proposal to report tax debts to credit bureaus.
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