As of 12/4/15, a new law passed stating that if you have “seriously delinquent tax debt”, you could lose your passport! Crazy! Here’s some details about the law: Under the bill, as modified by the conference agreement, the IRS must submit certifications of “seriously delinquent” taxpayers to the Secretary of the Treasury, who must then pass… Read More »
Just how forgiving is the IRS? It’s important to understand if you can get the IRS to agree to forgive the penalties and interest that have been accruing on your tax debt. It’s a valid concern; interest and penalties often times can accumulate rapidly. Mine sure did. I wish I knew about this earlier! In… Read More »
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