IRS Economic Impact Payments (stimulus checks)
The COVID-19 pandemic has left so many of us feeling scared and vulnerable. The health risk and financial pain is only worsened by the uncertainty of it all. As you know, this is the time when scams are at their highest. So, be on the lookout for tax-related scams and identity theft.
You may be contacted by someone via email, social media, text message or phone claiming to be from the IRS or wanting to help you get your tax refund or Economic Impact Payment faster.
Don’t be fooled. The IRS will NOT contact you to verify your Social Security number, banking info or other financial information.
Do NOT give out your personal or financial information over –
- Telephone
- Text
- Social media
Questions? Contact Us.
The IRS will deposit your economic impact payment directly into your bank account using the direct deposit information previously provided on tax returns. If the IRS doesn’t have your direct deposit information, the check will be mailed to your address of record.
To provide direct deposit information to the IRS, go to the new, secure portal on IRS.gov. Do NOT provide your direct deposit information to anyone claiming to work on your behalf to get your “Stimulus” check faster.
(the correct term is Economic Impact Payment)
According to the IRS, you may also receive a bogus check in the mail for an odd amount with a request to call a telephone number or go to a web page to verify your financial information in order to cash it. This is another common scam to get your personal and financial information.
Please stay safe and take care of your loved ones.
Apr 7, 2020 by
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