Category: Tax Law
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Can the IRS Take Your House?
Yes, the IRS can legally seize a taxpayer’s home if there are significant unpaid federal taxes. However, this is rare because the agency must follow numerous legal and procedural steps, especially when it comes to a principal residence. Judicial approval, threshold amounts, and alternative payment arrangements all play a part in ensuring that seizing a…
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Will the IRS Take Your Passport?
Yes. Under certain circumstances, the IRS can certify your unpaid tax debt to the U.S. Department of State, which can lead to the denial, revocation, or limitation of your passport. This authority arises from the Fixing America’s Surface Transportation (FAST) Act of 2015, codified at 26 U.S.C. § 7345 (often cited as IRC § 7345).…