Do Not Risk Losing Your Right to Travel Due to Unpaid Taxes
Having substantial unpaid tax debt can weigh on your mind, and the stress can even impact your day-to-day life. However, if you want to travel on an international vacation to get away from your everyday stresses for a week, you may have even bigger concerns courtesy of the Internal Revenue Service (IRS). In recent years, IRC Section 7345F passed, which allowed for the revocation or denial of a United States passport for individuals with significant unpaid tax bills. In 2018, the IRS issued direction to the State Department to enact this method of tax enforcement. The new law will not affect everyone with past-due taxes. Instead, the following must be true for your passport to be in jeopardy: You owe more than $50,000 in legally-enforceable unpaid taxes (Title 26 liabilities…