Tag Archives: debt collection

Delinquent on Your IRS Debt? You Could Lose Your Passport Now!

On January 1, 2018, the IRS started implementing a new law that affects taxpayers’ passports: Section 7345 of the Internal Revenue Code allows the State Department to withdraw or refuse to issue a passport for individuals with seriously delinquent taxes. If you’re behind on your payments, here’s what you need to know. Seriously Delinquent Tax […]

What it’s Actually Like to be Audited by the IRS–in the Words of Small Business Owners

Just thinking about an IRS audit makes most small business owners feel their pulse accelerate. Horror stories abound, and many of them are true. The legal drama, headaches, anxiety, and stress owed to dealing with the IRS are ordeals all their own. Couple these factors with financial losses potentially incurred by the audit, time lost […]