IRS Tax Bill With a Private Collection Agency, What You Can Expect

October 22, 2019
Written by: Fresh Start Tax

 

Fresh Start Tax

Be lucky that your case is with the private collection agency than with the IRS. The private collection agency can do absolutely no damage, have no enforcement action, and are simply trying to collect money for themselves and the IRS.

If you’re trying to settle your tax that through the offer in compromise or the tax debt settlement program call us today we are experts in the offer in compromise.

 

What can I expect from the private collection agency?

 

A private collection agency will:

• Send an initial contact letter before attempting to collect

• Identify themselves as IRS contractors who are collection taxes

• Set up and monitor payment arrangements that will allow you to pay in full within five years or the collection expiration date

• Secure IRS approval for payment arrangements that are longer than five years, but will allow you to pay in full within seven years or the collection expiration date

 

A private collection agency will not:

• Request a payment made directly to them or on prepaid debit, iTunes or gift cards

• Collect financial information

• Take any type of enforcement action such as issuing a levy or Notice of Federal Tax Lien

• Make determinations to accept or reject offers in compromise or report accounts currently not collectible

• Charge a fee for setting up a payment agreement

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