The Peck Group, LC - Tax Law
Free 30 minute telephone consultation
Free 30 minute telephone consultation
email us
Comprehensive Tax Law Representation Since 1995
We handle every aspect of tax law: preparing tax returns, representing clients during audits, resolving IRS and state tax controversies, and creating tax planning strategies for the future.

You can’t run — or fly — away from the penalties of back taxes

| Mar 22, 2016 | Back Taxes Or Tax Debt |

Owing money for back taxes to the IRS can be a very stressful situation. Not only are you going to have to pay penalties and interest on the unpaid money, the fact that you are behind in your tax obligations can affect your professional life and your personal relationships.

In the near future, having unpaid taxes could also affect your ability to travel in many cases. According to provisions in December legislation, state departments could be ordered by federal agencies to revoke or deny a person’s passport if he or she owes more than $50,000 in back taxes, penalties and interest.

This could be devastating to people who travel for business. Being unable to fly could compromise a person’s position and/or earnings which could make it even more difficult to address and repay back taxes.

Even if you are traveling for pleasure or personal reasons, being unable to go somewhere because you don’t have a passport can be very upsetting and stressful. Family vacations may have to be put on hold; trips to visit friends abroad may no longer be possible; anyone traveling to Georgia from a U.S. state without REAL IDs could be caught up by the IRS because they will need to travel with passports.

Reports indicate that these changes and the obstacles for U.S. travelers will be coming at a date that has yet to be specified. However, this could be a good reason to address back taxes you may already have sooner, rather than later. This is particularly true if you travel outside the U.S. or use your passport for other identification purposes.

Source: CNBC, “IRS back taxes may mean really getting grounded,” Harriet Baskas, March 21, 2016

We insist that your taxpayer rights are protected and your options are known.

Our services are confidential and are protected under the attorney-client privilege as allowed by law.