IRS seeks to corral tax debtors — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

IRS seeks to corral tax debtors

Get PDF file

by on
in Small Business Tax

Pay or stay? A new bill may allow the IRS to stop tax debtors from leaving the country.

Under the “Trade Facili­­tation and Trade Enforcement Act of 2015” (S. 1269), approved by the Senate on May 14, the tax law would be amended to permit authorities to revoke or deny a passport for U.S. taxpayers who have unpaid taxes of at least $50,000 or don’t provide their Social Security number. But a similar measure in Congress failed last year.

Related Articles...

Leave a Comment

 

Previous post:

Next post: