The IRS can now cause your passport to be revoked if you owe $50,000 or more US taxes. Expats and Green Card holders in this situation need to resolve unpaid taxes before returning to US or they may not be able to leave later (without a passport).
Time to consider a payment plan, offer in compromise, or offshore disclosure and streamlined programs.
Read more in article below.
http://www.forbes.com/sites/robertwood/2015/12/04/irs-power-over-passports-signed-into-law/
No comments:
Post a Comment