The Internal Revenue Service has released additional details about its new program that turns certain delinquent accounts over to private debt collectors, giving us some idea of when these collection calls will begin, and how many accounts will be affected.
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Government Policy
IRS Will Begin Working With Private Debt Collectors This Month
Governors Ask Attorney General To Leave Their Legal Marijuana Alone
While federal lawmakers from both sides of the aisle are pushing for legislation to reform marijuana laws, the executive branch of the government has given every indication of a coming crackdown on recreational marijuana, even in states where it’s now legal. The governors of the first four states to legalize pot are now asking the White House to respect their states’ voters and not return weed to the dark ages. [More]
Coverage For Pre-Existing Conditions Could Be At Risk In Latest Obamacare Repeal Plan
The White House is working with Republican lawmakers in Congress to revive legislation that would repeal and replace core parts of the Affordable Care Act, but some of the changes being discussed to make this bill more palatable to opponents may take away one of the more popular aspects of the ACA. [More]
FCC: Charter No Longer Required To Provide Competing Service For 1 Million People
When the FCC approved the three-way merger of Charter, Time Warner Cable, and Bright House, it did so under the condition that Charter would have to bring broadband competition to 1 million people in markets where consumers only have one choice. Today, the FCC voted to scrap that requirement, instead asking Charter to build its network elsewhere. [More]
After Congress Trashes Internet Privacy Rule, One State May Adopt Its Own
The House and Senate both voted in March to toss out the FCC’s rule limiting what your internet service provider can do with your personal data without your consent. That resolution now awaits only the President’s signature before we lose protection at a federal level. One state, though, is already fighting back with a new rule of its own. [More]
States Sue Trump Administration For Delaying Energy Efficiency Standards On Multiple Products
Since January, the Trump administration has twice delayed new energy efficiency standards for ceiling fans, and has not published the finalized efficiency standards for a number of other products like air compressors, backup power supplies, and portable air conditioners. Now, two separate lawsuits are asking a court to intervene and put an end to these delays. [More]
The IRS Is Now Using Private Debt Collectors; Here’s What You Need To Know
After years of warning taxpayers that the IRS will never cold call you to collect a tax debt, things are about to change as the IRS begins handing over some of its debt-collection work to private firms who probably will call you. [More]
8 Things John Oliver Wants You To Know About Marijuana
Each year, more and more states continue to legalize medical and even recreational marijuana use for their residents. But the drug remains illegal at the federal level, and conflicts abound, confusing consumers, businesses, and law enforcement alike. John Oliver shared some thoughts this week about how we got into this mess, and how we can get out. [More]
Wells Fargo Still Has A Lot Of Fake Account Fiasco Investigations To Deal With
Wells Fargo may believe that its recently announced $110 million settlement will put an end to the many federal lawsuits over the bank’s fake account fiasco, but that may be wishful thinking. In fact, the financial institution is still party to nearly a dozen investigations and lawsuits. [More]
Treasury Secretary Mnuchin Pinky-Swears He Won’t Tell Anyone Else To Go See His Movies
Treasury Secretary Steve Mnuchin raised eyebrows recently when — in the face of federal ethics rules — he suggested that parents should take their kids to see the LEGO Batman Movie, one of many films on which the former Goldman Sachs executive has a producer credit. Mnuchin has already tried to downplay the incident, but today he officially told a government ethics watchdog that he won’t do it again, for real. [More]
Prepare For Deluge Of Fax Spam On Machines You Haven’t Used Since 2004
In 2005, just about the time many of us were finally giving up on fax machines, the ever-hip Congress passed the Junk Fax Prevention Act, severely restricting the use of fax machines for advertising purposes. However, a federal appeals court ruled today — when there are college students who don’t even know what a fax is — that the FCC overstepped its authority in writing the actual regulations tied to this law. [More]
When Education Dept. Said Your Student Loan Would Be Forgiven, It May Not Have Meant It
One way to erase federal student loan debt is to work for the government or at a non-profit for 10 years. However, thousands of people who received notices from the Department of Education that their federal student loans were going to be forgiven through this program may still be on the hook for this debt, as the Department now says these notices are not binding. [More]
FCC Stops Authorizing New Providers Of Low-Cost Broadband
New FCC Chair Ajit Pai has made no effort to hide his intention to roll back many of the rules and policies put in place by his predecessor, Tom Wheeler. Now that Congress has effectively undone Wheeler’s internet privacy rules, Pai has set his sights on low-cost internet access. [More]
Without Internet Privacy Rules, How Can I Protect My Data?
The FCC’s ISP privacy rule, which would have limited how your internet service provider could collect and use your data without your permission, is effectively dead. The good news is, you do have some tools you can use. The bad news is, they’re not perfect. [More]
Student Loan Debt Collectors Not Eager To Charge Fees Reinstated By Trump Administration
The Department of Education recently advised companies that collect debt on billions of dollars in outstanding federal student loans that they can once again charge a large penalty fee to defaulted borrowers. However, the collectors — even one that is currently suing the government for the right to charge this fee — now say they will not automatically add thousands of dollars in additional debt to loans in default. [More]
Civil Rights Groups That Received Donations From ISPs Spoke Out Against Internet Privacy
The Federal Communication Commission’s internet privacy regulations would have prevented your internet provider from using and selling some potentially sensitive information about you, but the Senate and the House of Representatives voted to roll back the regulations. As the bill awaits the President’s signature, we’ve learned that some of the community groups that contacted the FCC to oppose privacy regulations are recipients of donations from Comcast. [More]
Supreme Court: State’s Restriction On Credit Card Surcharges Is A Free Speech Regulation
The U.S. Supreme Court has determined that a New York state law barring merchants from adding credit card surcharges is indeed a state regulation on businesses’ free expression. However, whether that law goes so far as to violate the First Amendment is a matter still to be decided. [More]