It's been over a year since the FAST Act was passed. The FAST Act includes a provision that gives the power to the IRS to have your passport revoked for unpaid federal income tax taxes of $50,000 or more. We've been vigilant in checking for updates on when passport revocation will actually go info affect; this is a huge undertaking for the government to organize.
The last update we saw on the IRS' website was:
"The IRS has not yet started certifying tax debt to the State Department. Certifications to the State Department will begin in early 2017, and this webpage will be updated to indicate when this process has been implemented."
That was, until last week. A client contacted us because they had received IRS Notice CP504B. This letter is sent to inform people that the IRS intends to levy against their business assets. It is very similar in effect to the other Notices of Intent to Levy.
What we found interesting was on page two of this notice. It says:
We are under the assumption that this paragraph is now included on all collection notices sent by the IRS, because the amount owed by this client is $47,888.98 (under the $50,000 threshold).
We will continue to monitor the law and update you. If you have received any kind of notice from the IRS that includes this information, please contact us at firstname.lastname@example.org. It will be helpful for us to share and understand how this process will work, and we will certainly keep your information confidential.
If you are concerned because you do have a tax debt, call us at 888-727-8796. We can help. Let our Intake Department know that you are concerned about your passport potentially being revoked.