When the IRS decides to stop calling itself the ‘appliances tax collector’
The IRS will be the “applamps tax collector” under new rules, the department announced Monday.
The new name will be announced in a memo to employees, but the name change will likely be phased in over the next several months, according to a memo released by the IRS on Monday.
Under the new rules for the tax collector’s office, employees will now refer to it as the “asset recovery office” and refer to the office as “assets recovery.”
It’s the first time the IRS has formally changed its name to the “assets tax collector.”
Under the current tax collector office, the IRS collects taxes on money that’s in people’s homes.
Under an alternative name, the tax collectors office is called “assets recovery office.”
The IRS says that under the new name, “the assets recovery office will continue to be the primary tool of the IRS for identifying taxpayers who have misused their assets and will be tasked with collecting the tax owed.”
The new names are expected to take effect in September.
The IRS was already calling itself “the asset recovery office,” but the memo says it won’t continue to call itself that for at least the next five years.
The memo also says that the new office will not collect the tax on personal checks and that the office will now be called the “tax collection office.”