...on passport holders with tax debt
In the past decade, Congress and the IRS have made numerous
efforts to close the international tax gap.
This is the amount of taxes the Treasury loses each year from U.S.
taxpayers abroad not reporting income, paying taxes, or filing tax returns.
In recent years, the IRS has tried to close the
international tax gap with the Foreign Account Tax Compliance Act (FATCA) and a
series of offshore voluntary disclosure programs—all aimed at enforcing proper
reporting of foreign financial accounts and overseas income.
Questions: http://rehcpas.com/
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