When U.S. citizens in New Jersey owe the IRS money, the last thing it wants is for them to fly the coop. CNBC notes that the remedy Uncle Sam may take is to revoke the passport of the debtor. This may not happen for smaller debts. However, debts in excess of $52,000 could cause the agency to take action whether the individual is at home or abroad. If the person attempts to apply for a passport for the first time or renew an old one, that may get denied as well.
Many people in New Jersey were concerned about the outcome of filing their 2018 tax returns. According to CNBC, 30 million in America received a tax bill instead of a tax refund. Unfortunately, many people choose to ignore the bill, but there may be serious consequences for doing so. These may range from a ruined credit score to criminal prosecution.