Private tax collection is delayed — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
The IRS thought its new program of hiring private debt collectors would be up and running by summer. Earlier this year, the IRS hired three collection firms to hunt down debtors who owe $25,000 or less in income tax. However, a couple of the collection agencies that weren’t chosen have raised objections about the selection process. Now, the entire project is being put on hold—albeit temporarily—while the government investigates the claims.
New HR laws and regulations carry stringent rules on electronic records – and stiff penalties for noncompliance. And you can be sure that a savvy plaintiff’s attorney will pounce on any electronic sins of commission OR omission....Click here to find out more.