Will Your Passport Be Revoked?
Update to our January 5, 2016 Blog Posting
In 2016, we had reported that the IRS had added another tool to its tool box to collect back taxes. Taxpayers with outstanding tax debts in excess of $50,000 and who had received a notice of lien or levy being filed and who are not in a payment plan could have their U.S. passports revoked by the U.S. State Department (State).
Due to an inflation adjustment, the $50,000 threshold had increased to $51,000. More importantly, the IRS had clarified that when a taxpayer is certified as a delinquent taxpayer, the IRS’s sole role is to notify State and that State revokes the passport. It had been thought that State would take immediate steps to revoke the delinquent taxpayer’s passport as an effective means to get the taxpayer compliant.
While it is most important that taxpayers who owe the IRS back taxes consult with an experienced tax resolution specialist, the IRS has stated that [Read more…] about Will Your Passport Be Revoked?