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Avoid Scams related to Economic Payments! Thumbnail

Avoid Scams related to Economic Payments!

The IRS is warning taxpayers to be vigilant about scam artists how may contact you about the government checks soon to be distributed.  

  1. The IRS will not call you on the phone.
  2. The IRS will not send you a text message.
  3. The IRS will not send you an email.
  4. The IRS will not contact you on social media.

Do not respond to a contact on any of these channels with someone posing as the IRS or a representative of the US Treasury.  Do not give out your social security number, date of birth, address or any other personal information on these channels.

Also watch out for any emails with links or attachments claiming to have information for you about these checks or a tax refund.

The IRS makes its first contact with you by mail.  For security reasons the IRS plans to mail a letter to the taxpayer’s last known address within 15 days of making a payment.  The letter will tell you how the payment was made, by direct deposit or a check.  And you are asked to report any failure to receive the payments.  If you have any concerns about the letter being legitimate, go to irs.gov.

You can find more information on irs.gov/coronavirus.

Written by Connie C. Guelich, CFP, AEP, CLU, ChFC.  This represents our views at the time of this writing, and it is subject to change.  It is not intended to be personal investment advice.   If you would like to discuss your own account, please don’t hesitate to call us.  We are here to help and welcome your call.