Friday, December 25, 2015

The IRS Can Nix Your Right to Travel: "They Could Revoke Your Passport on Your Honeymoon"

The IRS Can Nix Your Right to Travel: "They Could Revoke Your Passport on Your Honeymoon"
"Never mind the fact that the IRS itself has been unconstitutionally taxing most Americans for the past century.
If you are found to be delinquent in paying your taxes,the IRS can now revoke your passport, and prevent you from traveling until you’ve been cleared by the tax behemoth.
As USA Today reports:
A new enforcement provision passed by Congress and signed into law earlier this month allows the government to revoke the passports of seriously delinquent tax scofflaws — people who owe more than $50,000 to Uncle Sam.
“You could be on your honeymoon and they could revoke your passport,” said Tom Wheelwright, a certified public accountant and chief executive officer at ProVision Wealth Strategists in Tempe, Ariz.
Some details still need to be worked out, but the new passport rule indicates the government wants to get serious about collecting unpaid tax debts.
The IRS reported 12.4 million delinquent accounts owing nearly $131 billion in assessed taxes, interest and penalties in 2014.
In addition to going after delinquent taxpayers by revoking their passports, the FAST Act highway-transportation bill signed by President Obama on Dec. 4 also gives private debt collectors a shot at forcing taxpayers to make good on their debts.
The act includes a mandate that the Internal Revenue Service turn over certain unpaid tax delinquencies to private debt collectors...."

No comments: