3 Key Ways to Prepare for Tax Season Now

Consumers may be financially healthy right now, but savings rates are dropping, household debt is soaring and, depending who you ask, a recession either looms or is already here. Getting your 2023 tax season collections strategy set now may give you the best opportunity to collect on past-due accounts in the next 12-24 months.

Here are three ways collections & recovery executives can prepare for the 2023 tax season:

1. Follow the macro trends