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Thursday, August 30, 2012

IRS Collection Issues Increase

The amount of taxes owed to the U.S. Treasury is more than $350 billion. At the end of 2011, there were more than 10.8 million taxpayer accounts in IRS Collection -- almost double the number of accounts since 2002. The average account owes $10,756 to the IRS. Source: Beyond415; IRS Data Books

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