Tax identity theft and tax scams are rampant. You get a call on the phone from someone who claims to be the IRS – and if you don’t pay up, you will go to jail. My AICPA CPA Insider article on why it is a must to ALWAYS hang up on anyone who claims to be the IRS. Almost all IRS contacts are initiated with a letter or notice- that is, you know it is coming. Don’t fall for the phone call scam- just hang up.
