The Internal Revenue Service (IRS) has announced the launch of a large tax refund webpage amid overdue tax agency appointments.
Firstly, the tax body revealed that it has awarded contracts to three private-sector collection agencies for the collection of overdue tax debts.
Commencing today (September 23), CBE Group, Coast Professional, and ConServe will begin contacting taxpayers with unpaid bills.
Alongside the new contracts, the IRS also announced the launch of the new webpage to provide information to taxpayers whose “large refunds” are subject to further review by the Joint Committee on Taxation (JCT).
The webpage focuses on those with a refund or credit of over $2m, or $5m for a C corporation, as the IRS must by law review the situation and provide a report to the JCT.
Known as “Joint Committee refund cases”, the IRS has estimated that the webpage will support “hundreds” of these taxpayers in finding answers to case questions as well as additional resources.
The key topics to be covered by the webpage are namely, what is a Joint Committee refund case, how the IRS handles these cases, and what taxpayers need to do.