IRS Announces Contracts with Debt Collectors
The Internal Revenue Service announced contracts with three private firms that are now authorized to collect outstanding tax debt. The press release also contains information about the private debt collection program, including how taxpayers will be notified and links to online resources.
Since federal agencies are required to charge for services that provide a special benefit, the IRS announced a new fee for estate tax closing letters.
The IRS published a tax tip that explains how parents' custody situation can affect the Advance Child Tax Credit.
Drake Tax received the highest rating in 10 categories in the Journal of Accountancy 2021 Tax Software Survey, including ease of use, quality of technical support, and overall rating.
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