TAX TIP OF THE DAY... beware of IRS tax scammers.
For all of 2016 there have been telephone scammers calling innocent taxpayers and demanding unpaid taxes. Sometimes the caller ID actually says IRS. They usually threaten that you will be arrested if you don't comply within that same day. Unfortunately millions of dollars have been paid to these scammers by people just like you!
WHAT TO DO IF YOU ARE CONTACTED:
Tell the caller that you are aware of their scam and will be reporting them to the IRS. HANG UP. CALL YOUR TAX ADVISOR. If you are a very patient person, contact the IRS to report. But the unfortunate truth is that the IRS already knows about this scam and the scammers are too quick... they disable the phone line and replace it with another before the IRS can track.
Remember... The IRS's first communication with you regarding unpaid taxes will not be a phone call. They send several letters first usually followed by an in person visit.
SHARE WITH A FRIEND.
If you need any help... www.baboiancpa.com