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What could go wrong?
IRS sends collection agencies calling for back taxes
The three official sub-contractors:
The IRS chose three firms for the initial cases: The CBE Group of Waterloo, Iowa; Pioneer Credit Recovery of Arcade, N.Y.; and Linebarger Goggan Blair & Sampson, an Austin, Texas, law firm.
Who knows how many other free-lancers will jump in and try to scam money out of taxpayers.
What do the three official subs earn for this?
The profit potential is large. The collection companies will keep up to 24% of what they recover. That amounts to as much as $336 million of the $1.4 billion the IRS projects the program will recover during the next decade.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 9/05/2006 03:22:00 PM Send this post:
