Private Tax Debt Collectors Show Progress


According to the latest data, the IRS is finally putting a dent in the estimated $441 billion “tax gap” through its private debt collection program. But there’s still a long way—a very long way— to go.

The figures released for Fiscal Year 2109 (FY2109) show that the four private collection firms used by the IRS to secure payments from tax debtors—CBE, ConServe, Performant and Pioneer (a subsidiary of the student loan servicer Navient)—hauled in $213 million, a major jump over the prior two years. For FY2018, the private collectors amassed $82 million while only $6.5 million was collected in FY2017.