Taypayers in Collection Inventory for 2019

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    Mark West

    In Eric’s Tax Liens and Levies Workshop, he has a slide that states that the current (2019) Taxpayer’s In Collections is 15,002,000. When I look at Table 25 in Publication 55, Internal Revenue Service Data Book for 2019, I see that the Ending Inventory Number is 11,230,082. It appears that the collection inventory is going down significantly from the 2018 Ending Inventory of 13,185,584 and not growing as stated. What am I missing?

    Eric Green

    Mark, when I read this I was a bit surprised – I got the 15 million number directly from the Director of Collections, Paul Mamo, in January. So I went and looked and confirmed what you found, and then I spoke with Paul yesterday and asked him about this. What he explained is that the data book number does not include the several million accounts transferred to the private debt collectors. He held firm with the 15 million number.

    What he also told me is that he does expect the number for 2020 to fall before it surges in 2021, and that is because given that moratorium on enforcement, returns filed this year after March 15th with balances due are not being moved into the collection area, which would trigger the 500 series letters (CP 504, etc). Hence we will probably see a drop for 2020, which is really a timing issue. he has assured me that, based upon what he is seeing from his office the number is going to climb significantly in 2021.

    Great catch, by the way! I am going to put this in an email out to the members.


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