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IRS updates passport revocation procedures

The complexities in revoking a passport for a taxpayer who owes a debt to the IRS are becoming more concrete to the IRS and the US State department. After great delay, the IRS has finally updated its Internal Revenue Manual. This article includes the entire updates as of January 10, 2018.

IRS passport revocation updates and deciding what to do

It has now been over a year since the FAST Act was passed. The FAST Act included a provision that amended the US tax code to give the power to the IRS to have your passport revoked for unpaid federal income tax taxes of $50,000 or more.

Confused? Worried? Stressed out? Why not start by simply getting to the root of your tax issue?

So many people call us around from around the nation, around the world - completely freaked out about their IRS issue. They feel ashamed; this is not where they intended to be in their life! And worse, they feel embarrassed for letting their problem get this far.

US Expat tax issues and planning

The tax consequences for US taxpayers living and working overseas are very unique...and sometimes frustrating. Expatriates, more commonly known as expats, are US citizens residing overseas. Most have been presented with opportunities in other countries and aren’t trying to “escape” the. How the US tax code treats these citizens is where everything dissolves into chaos.

Getting serious help for IRS debts and US Passport problems

It is getting serious. On February 18, 2018, the IRS has starting alerting the US state department on which passports of delinquent taxpayers to deny or revoke.

Is the IRS restricting passports?

In what looks like a certainty to be passed into law, the House and Senate have separately passed versions of a highway bill that includes the necessary language to restrict the passports of those owing over ...

Updated! Streamlined disclosure program continues; 2018 OVDP announced

The IRS ended the 2014 Offshore Voluntary Disclosure Program (OVDP) in September of 2018. leaving the Streamlined and Delinquent Informational Reporting Form (DIRF) programs open. And on November 20, 2018, the IRS announced new Offshore Voluntary Disclosure Practice rules for taxpayers seeking protection from criminal prosecution.

Common tax myths about Americans living overseas

We're once again joined by Keith Redmond - American Overseas Global Advocate, to speak on common myths about Americans living overseas.

China is sharing confidential financial information with the US. How to protect yourself from bad advice

For Chinese-Americans with assets in China and elsewhere who have not disclosed their worldwide income and assets properly, the IRS might be able to target them easily very soon. And, the consequences could be very dire.

Passport Revocation Update from the Taxpayer Advocate

Thanks to our friend and expat advocate Keith Redmond who set up this up, Attorney Anthony Parent had the pleasure of a conference call with the Taxpayer Advocate to get updates on the Passport Revocation and Denial Law. They had some interesting insight into the situation. As a matter of fact, we got more information from them than we've gotten from the IRS.

Common renunciation and IRS exit tax questions

More and more United States citizens are renouncing their US citizenship. Many, thanks to the havoc that FATCA is wreaking on their lives. We understand the gravity of making this decision. These are common questions our clients ask when considering renunciation.

IRS Notice CP508C - What does it mean?

If you received a CP508C notice, the IRS has identified your tax debt as “seriously delinquent” and has provided that information to the State Department. The State Department generally will not renew your passport or issue a new passport to you after receiving this certification from the IRS, and they may remove or place limitations on your current passport.

IRS seizures: What you need to know

The IRS has vast authority to enforce the US tax code. Included in that authority is the power to seize property to satisfy outstanding tax ...

Delinquent tax returns and FBAR amnesty

Having unfiled taxes is actually quite common, so let’s talk about options if you have unfiled taxes, including unfiled international reporting forms like the FBAR. More and more people are addressing this issue since the law passed saying that your passport can be...



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Penalties for unfiled taxes

Now that April 18th has passed, most people have completed their tax returns and won't think about taxes again until next year. Most...but not all. What are your options if you haven't filed taxes?

IRS Notice CP504 - Is a levy really coming?

If you receive IRS Notice CP504, it means you have an unpaid amount due on your account. If you do not pay the amount due immediately, the IRS will seize (levy) your state income tax refund and apply it to pay the amount you owe. So what can you do?

Passport Revocation Notices - The stream begins

The last update we saw on the IRS' website was: "The IRS has not yet started certifying tax debt to the State Department. Certifications to the State Department will begin in early 2017, and this webpage will be updated to indicate when this process has been implemented. The information presented here is for informational purposes only." That was, until ...

IRS Notice LT11 - What does it mean?

The IRS will send you Notice LT11 if they haven’t received any payment from you for your overdue taxes. The letter is to advise you of their intent to seize your property or rights to property. So what action should you take?

The Maze Streamlined Litigation case --- our take

Three retired taxpayers had undisclosed offshore accounts. All three of them made innocent mistakes. They were frightened into entering into the 2012 IRS Offshore Voluntary Disclosure Program (OVDP) where they would have to pay a 27.5% penalty on account value. The IRS then changed the rules to allow for a lower penalty. These elderly tapaxayers attempted to have this 5% penalty applied to them, but were frustrated.

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