June 20, 2017
As required under a federal law enacted by Congress in December 2015, the IRS has begun a new private collection program for certain overdue federal tax debts. Under this program the IRS has contracted with four collection agencies.
The IRS will be sending Notice CP40 to a limited number of taxpayers to notify them that their overdue tax liability has been assigned to a private collection agency. The CP40 includes the name, address and phone number of the private collection agency and an explanation of how that collection agency will work with the taxpayer to resolve the overdue account.
The IRS explains on the Private Debt Collection page of their website the following concerning the use of private debt collection agencies:
See the following on the IRS website for more information:
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