Proposed Law: Owe IRS Taxes, Lose Your Passport

http://www.forbes.com/sites/robertwood/2012/02/18/owe-irs-taxes-los...

 

Robert W. Wood

Robert W. Wood, Contributor 

Taxes | 2/18/2012 @ 11:02PM

Owe IRS Taxes, Lose Your Passport

Image via floridalawfirm.com

This is only a proposed law and only for those owing more than $50,000 to the IRS. Another proposal is to make the Thrift Savings Fund accounts federal employees have–currently exempt from IRS levies–fair game. Both proposals are from Sen. Orrin Hatch (R-Utah). See Hatch’s Memo to Reporters & Editors.

The latter suggests people find it especially galling when federal employees owe back taxes. More than 279,000 federal workers and retirees owe more than $3.4 billion in back income taxes. Senator Hatch is not the only one upset because tax delinquents are being paid with federal tax dollars.  And the size of the problem seems to be growing.

The 279,000 and $3.4 billion figures are from 2010. They are up from $3.3 billion in 2009, $3 billion in 2008, and $2.7 billion in 2007. Some of the demographics are interesting.  The departments and agencies with the largest percentages of employee/retiree tax problems are:

  1. U.S. Office of Government Ethics:  6.49%
  2. Federal Reserve Board:  4.86%
  3. U.S. House of Representatives:  4.24%
  4. Housing & Urban Development:  3.89%
  5. Education:  3.88%
  6. Army:  3.83%
  7. Veterans Affairs: 3.78%
  8. Commerce:  3.54%
  9. Health & Human Services:  3.51%
  10. Defense:  3.19%
  11. Air Force:  3.11%
  12. U.S. Senate:  3.08%
  13. Navy:  3.05%
  14. State:  2.94%
  15. SEC:  2.50%
  16. U.S. Tax Court:  2.25%

For a complete list, see Time To Pay Your Taxes.  Who ranks with the lowest delinquency rate (at least among cabinet departments?  The U.S.Treasury Department, with only 0.96%.

Rep. Jason Chaffetz (R-Utah) and Sen. Tom Coburn (R-Okla.) have authored bills to force federal agencies, the U.S. Postal Service and congressional offices to fire employees who purposely avoid paying taxes. Exceptions would be made for employees suffering from family turmoil or working to correct significant financial hardship.  Chaffetz’s bill was approved by a committee last spring, but Coburn’s still awaits consideration by a Senate panel. See Federal Employees Owe $1.03 billion In Unpaid Taxes.

For more, see:

Fire Them? Federal Employees, Retirees Owe $3.4 Billion In Taxes

Tax Liens Means IRS Thinks You Owe

Got A Tax Notice? Here’s What To Do

Ten Things To Know About Fighting An IRS Bill

Ten Ways To Audit-Proof Your Tax Return

Robert W. Wood practices law with Wood LLP, in San Francisco.  The author of more than 30 books, including Taxation of Damage Awards & Settlement Payments (4th Ed. 2009 with 2012 Supplement, Tax Institute), he can be reached at Wood@WoodLLP.com.  This discussion is not intended as legal advice, and cannot be relied upon for any purpose without the services of a qualified professional.


[ Copy this | Start New | Full Size ]

Views: 537

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by suzie on February 22, 2012 at 7:53pm

When will the regular peeps figure this one out ..  hahaha   if they don't pay the fed why do you?? 

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

The Cancel Culture Vulture

  Better to shut them down than hear their point of viewCancel culture coming after youHelping to…See More
8 hours ago
Doc Vega posted a photo
yesterday
Doc Vega posted a blog post

The Fingerprint

The Fingerprint On a dance with the unpredictability of the signals you sendA solemn pact with my…See More
yesterday
Sandy posted a video
yesterday
tjdavis posted a video
Thursday
Burbia replied to Burbia's discussion Trump Receives Marching Orders
Wednesday
Less Prone favorited Burbia's video
Wednesday
Less Prone replied to Burbia's discussion Trump Receives Marching Orders
"Bullets can be effective in reinforcing ownership."
Wednesday
Burbia posted a discussion

Trump Receives Marching Orders

Netanyahu has made 3 visits to the White house since Trump's second term as President of the United…See More
Wednesday
Burbia commented on Burbia's video
Thumbnail

Ben Shapiro Just LOST HIS MIND — There's No Coming Back From This

"Omg. The Ben Shapiro voice that Luke is imitating here couldn't be any more comedic to…"
Tuesday
Burbia posted a video

Ben Shapiro Just LOST HIS MIND — There's No Coming Back From This

Get the magnesium your body needs - https://wearechange.shop/product/magnesium-glycinate/Ben Shapiro Just LOST HIS MIND — There's No Coming Back From ThisHig...
Tuesday
cheeki kea posted photos
Tuesday
Doc Vega posted blog posts
Monday
Burbia posted a video

A few reasons I don’t like jews. It’s not complicated.

These are the reasons I became antisemitic. It’s not complicated. Sure, I could go on for days, weeks, months outlining everything, but I don’t need to. This...
Jul 6
Doc Vega commented on Doc Vega's blog post Unusual Discoveries and Headlines
"Less Prone, Thanks Buddy! I'd like to volunteer as a historical reconstructionist! "
Jul 6
Less Prone left a comment for t.me/TheIntelligenceLibrary
"Welcome to a revolutionary concept in public communication, the truth."
Jul 6
pohonemas33 team is now a member of 12160 Social Network
Jul 6
Less Prone favorited cheeki kea's discussion Tartaria
Jul 6
tjdavis's 2 blog posts were featured
Jul 6
Doc Vega's 7 blog posts were featured
Jul 6

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted