Protecting your passport

IS a strategy!

Did you know that you can have your passport denied, suspended or revoked if you owe the IRS over $52,000?

If the answer is “NO,” you’re not alone. 

Even though hundreds of thousands of people are at risk, few know it.

$52,000 (including penalties and interest, which continue to accrue) is the current threshold for "seriously delinquent tax debt".  If you meet that definition, the IRS will "certify" you to the US State Dept. - your name will go on a list and your application for a new passport or a passport renewal will be denied.   If you hold a current passport, it can be suspended or revoked and, it could happen while you are out of the country.  While it appears the State Dept won't leave you stranded, you will ONLY be allowed to use your passport to return directly to the US.

Between February and July of 2018, the IRS sent 362,000 names to the State Dept. and a new list has gone out WEEKLY since then.

Now that YOU know, don’t take risks, take control.  Even if you don’t think you owe enough to be put on the list, be aware. Unlike other tax-related issues, you cannot rely on anyone else – these notices (CP508C) are ONLY being sent to you, by regular mail, at your last known address. Your designated accountant, attorney or tax preparer WILL NOT receive a copy.

Can/will the IRS make mistakes?  YES.

Does the IRS face any consequences for its mistakes?  NOT YET.

Can you make mistakes when filing your taxes?  YES.

Do you face consequences for your mistakes?  YES.

Protect yourself, contact us now.  We can answer your questions about this new program and how to protect your right to travel.  Once your passport is denied, suspended or revoked, getting it back won’t be easy and it won’t be quick.  Even if the IRS is 100% wrong and should not have put you on the list, you must challenge that error in U.S. Tax Court or U.S. District Court.

The IRS has made it clear, you WILL NOT receive preferential treatment, even if you need your passport for business travel.  In this area, delaying only gives the IRS more leverage and it could have costly consequences for you.  

Being proactive is your best option!