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IRS Issues Two Warnings Regarding Possible Schemes You May Encounter With Future Economic Payments to Taxpayers

During the past week, the Internal Revenue Service (IRS) has issued two warnings regarding possible schemes you may encounter relating to forthcoming economic payments to taxpayers emanating from the $2 trillion dollar federal stimulus package enacted to combat the expected COVID-19 Coronavirus crisis negative economic impact. 

To read both warnings directly on the IRS website, click on the hyperlinks below:

IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments

IR-2020-64, April 2, 2020 — The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts can lead to tax-related fraud and identity theft.

IRS-Criminal Investigation warns of potential COVID-19 economic impact payment scams

Scammers may try to get you to sign over your check to them or get you to "verify" your filing information in order to steal your money. Your personal information could then be used to file false tax returns in an identity theft scheme. Because of this, everyone receiving a COVID-19 economic impact payment is at risk.

Should you suspect you may have fallen victim to a possible scam, or have any tax questions or problems, please do not hesitate to Contact Us!

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