Tax
Mar. 11, 2019
Losing your passport to Internal Revenue Service is now possible
Traveling abroad might be a luxury or a necessity, depending on the circumstances. But now you can add tax problems to the list of things you may need to consider when you make travel plans.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Traveling abroad might be a luxury or a necessity, depending on the circumstances. But now you can add tax problems to the list of things you may need to consider when you make travel plans. The change in the law came back in 2015, as part of the Fixing America's Surface Transportation (FAST) Act. As if the tax code was not big enough already, it added a new section.
Tax code Section 7345 is labeled, "Revocation or Denial of Passport...
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