IRS Says Private Debt Collectors Costly
Source: By MARY DALRYMPLE, Associated Press, Wednesday, Mar. 29, 2006 - 9:19 PM
The nation's chief tax collector said Wednesday that using private agencies to collect debts under a new program will cost more than hiring additional agents to do the job. But IRS Commissioner Mark Everson also said it's a necessary part of Washington's budget battles. ..... The private agencies will get 22 to 24 percent of the tax money they collect, Everson told lawmakers on the House Appropriations subcommittee that oversees the IRS budget.