Under Section 7345 of the tax code, the IRS has the authority to revoke your passport if your outstanding taxes, interest and the penalties associated with failing to pay them total $50,000 or more over the last 10 years. Though the little-known measure isn't often used, it could have a huge impact on expats who rely on passports for both international travel and administrative tasks.
The risks are likely different from what you've been told. Here's what you should be watching instead and how it could impact your investment decisions.
The issue is not CHK's debt, but whether it can service the debt, and the company's robust hedge book and the recent uptrend in natural gas pricing CHK show that it should be.
After reaching the age of 68, I know a lot more than I did back in 1968. Here's my note to myself as I was getting ready to go off to college and then on to the real world.
It's so nice to be in love and really get to know someone. But do you really know that person? Do you know your sweetie's credit score? Do you have your own checking account? Give me 60 seconds and I'll tell you why you should!
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