U.S. Expats with Tax Debt in Serious Danger of Having U.S. Passports Revoked Warns IRS U.S. Expats with Tax Debt in Serious Danger of Having U.S. Passports Revoked Warns IRS | Genesis Tax Consultants, LLC
Genesis Tax Consultants, LLC
Genesis Tax Consultants, LLC is a premier tax return preparation service catering to expatriates. With our deep understanding of expat taxes and extensive experience in international taxation, we provide exceptional services tailored to the unique needs of individuals living abroad.
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U.S. Expats with Tax Debt in Serious Danger of Having U.S. Passports Revoked Warns IRS

U.S. Expats with Tax Debt in Serous Danger of Having U.S. Passports Revoked Warns IRS 

Expats with Tax Debt In Serious Danger of Having U.S. Passports Revoked Warns IRS 

u.s.-expat-passport-revoked-irs-tax-debt.jpg

Now is the time to take action on resolving your past due tax bills

The Internal Revenue Service today (January 16, 2018) strongly encouraged taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS to avoid putting their passports in jeopardy. Obviously this is of utmost importance to U.S. expats living abroad in the world. The good news is, it can be avoided by taking steps towards resolving your back tax debts.  This can start by hiring us to represent you before the IRS.  We will do all the talking and get you squared away with the IRS and save your passport. 

Please review the Services I can help you with to avoid the revocation of your passport:

 

This month, the IRS will begin implementation of new procedures affecting individuals with “seriously delinquent tax debts.” These new procedures implement provisions of the Fixing America’s Surface Transportation (FAST) Act, signed into law in December 2015. The FAST Act requires the IRS to notify the State Department of taxpayers the IRS has certified as owing a seriously delinquent tax debt. See Notice 2018-1. The FAST Act also requires the State Department to deny their passport application or deny renewal of their passport. In some cases, the State Department may revoke their passport.

Taxpayers affected by this law are those with a seriously delinquent tax debt.  A taxpayer with a seriously delinquent tax debt is generally someone who owes the IRS more than $51,000 in back taxes, penalties and interest for which the IRS has filed a Notice of Federal Tax Lien and the period to challenge it has expired or the IRS has issued a levy.

There are several ways taxpayers can avoid having the IRS notify the State Department of their seriously delinquent tax debt. They include the following:

  • Paying the tax debt in full
  • Paying the tax debt timely under an approved installment agreement,
  • Paying the tax debt timely under an accepted offer in compromise,
  • Paying the tax debt timely under the terms of a settlement agreement with the Department of Justice,
  • Having requested or have a pending collection due process appeal with a levy, or
  • Having collection suspended because a taxpayer has made an innocent spouse election or requested innocent spouse relief.

A passport won’t be at risk under this program for any taxpayer: 

  • Who is in bankruptcy
  • Who is identified by the IRS as a victim of tax-related identity theft
  • Whose account the IRS has determined is currently not collectible due to hardship
  • Who is located within a federally declared disaster area
  • Who has a request pending with the IRS for an installment agreement
  • Who has a pending offer in compromise with the IRS
  • Who has an IRS accepted adjustment that will satisfy the debt in full

For taxpayers serving in a combat zone who owe a seriously delinquent tax debt, the IRS postpones notifying the State Department and the individual’s passport is not subject to denial during this time.

To get back on the right track please contact me today. 

-Nick Hartney, Licensed to Represent Taxpayers Before the IRS

 

 

 
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Click on image to verify professional license in the IRS Preparer DirectorySearch: Country: Germany | Zip: 65812 | Last Name: Hartney

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Search: Country: Germany | Zip: 65812 | Last Name: Hartney

➤ locations served

Available for all taxpayers in every state and all Expatriates living abroad. 

☎ CONTACT NICHOLAS HARTNEY, EA

nick@genesistaxconsultants.com
and tell me about your situation. 
 

Areas of Practice

expat tax preparation 

Foreign earned income and housing exclusions for both federal and state income tax returns. Foreign bank account reporting (FBARs), Statement of Specified Foreign Financial Assets, Tax Treaties, Application for IRS Individual Taxpayer Identification Number,etc.

business tax debt representation 

We will file a power of attorney with the IRS and State Taxing Authority to negotiate a hold on all enforcement action such as bank and account receivable levies while we work on an appropriate resolution including Installment Agreements, Company Restructuring, Penalty Abatements, Offer in Compromises, and Currently Not Collectible Status.  We will also advise you if bankruptcy is an option. 

irs and state tax debt representation 

We will file a power of attorney with the IRS and State Taxing Authorities to negotiate an appropriate resolution for back tax debt including Installment Agreements, Penalty Abatements, Offer in Compromises, Innocent Spouse Requests, and Currently Not Collectible Status.  We will also advise you if bankruptcy is a option. 
 

new business entity formation 

We will educate you of the pros and cons of organizing an Limited Liability Company versus a Corporation, S-Corp., Limited Partnership, etc. and assist in the formation of the entity of your choosing.   

previous years tax returns

We will prepare your previous years tax returns to bring you back into compliance with the IRS and State. 

business tax return preparation 

Whether you have a sole proprietorship with a Schedule C or a 1120 Corporate return we will prepare any business return.  

 
 
 
 
“The hardest thing in the world to understand is the income tax.”
— Albert Einstein, physicist
 
 
 
 
 

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