Passports – Owe the IRS over $50,000 – You may NOT Travel – Tax Problems
For those of you planning to travel within the next year you better keep your eye on a bill that has passed the Senate and it could spell problems for taxpayers who owe over $50,000 to the Internal Revenue Service.
Now is the time to take action to resolve your Federal Tax Debt.
If this bill is passed as approved by the Senate and you owe over $50,000 including penalties and interest the State Dept. will not permit your travel unless your case with the IRS is in Offer in Compromise status, installment agreement status or you have a pending CDP.
You have a 38% the IRS will settle your case.
If you need to settle call us today and speak to former IRS agents who can settle your case if you qualify.
The proposed bill by Senator Boxer
A law buried in a proposed bill could prevent U.S. travelers who owe taxes from leaving the country.
According to a report that appeared in Forbes this past spring, Bill 1813 contains language that would allow the government to take passports away from travelers in debt to the Internal Revenue Service (IRS).
The bill is currently pending in the House of Representatives. This is no laughing matter to travelers. If you are out of the country at the time of passage the State Dept, will allow you to come back in the US.
In March, the Senate passed Bill 1813, which was introduced by Senator Barbara Boxer. The bill is more than 1,000 pages long and mainly addresses the allocation of federal funds for transportation purposes.
But planted in the bill is an amendment that would permit the State Department to take away a person’s passport if he or she owes significant back taxes to the IRS.
Here’s what it says in section 7345 of the proposed legislation:
“If … any individual has a seriously delinquent tax debt in an amount in excess of $50,000, the Secretary shall transmit such certification to the Secretary of State for action with respect to denial, revocation, or limitation of a passport.”
According to the bill, your passport won’t be revoked if you pay your debt “in a timely manner” or if you need a passport for “emergency circumstances or for humanitarian reasons.” Note that the passport revocation only applies to instances of “seriously delinquent” debt of more than $50,000.
This isn’t limited to criminal tax cases or situations where the government fears someone is fleeing a tax debt.
1813 still needs to be passed by the House and then signed by the President before it becomes law. In the meantime, it’s something travelers might want to keep an eye on.
If you wait till last minute to negotiate your case this is given be problematic. Keep in mind everybody owing over $50,000 will be trying to do the same thing and IRS simply does not have the personnel to handle this new legislation.
The point, take your of your IRS debt now.
We are comprised of tax attorneys, certified public accountants, and former IRS agents, managers and tax instructors with over 206 years of professional tax experience.
Contact us today for immediate consultation to immediately and permanently take care of your tax debt if you owe the IRS.
Passports – Owe the IRS over $50,000 – You may NOT Travel – Tax Problems