eprivateclient

Regional roundup- North America

News Team, 15/08/2019

eprivateclient took a brief look at what’s been going in the North America region…

The US Internal Revenue Service (IRS) has urged taxpayers to resolve their significant tax debts to avoid putting their passports in jeopardy.

Under the Fixing America’s Surface Transportation (FAST) Act, the IRS notifies the State Department (State) of taxpayers certified as owing a seriously delinquent tax debt, which is currently $52,000 or more. The law then requires the State to deny their passport application or renewal. If a taxpayer currently has a valid passport, the State can revoke the passp...


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