August 2, 2021

BBB Scam Alert: Child tax credits are coming, and so are the scammers!

From the Better Business Bureau of Central Virginia:

From July 15 through December 2021, if you qualify for payments through the American Rescue Plan Act, the Internal Revenue Service announced it is sending monthly payments by direct deposit, paper check or through debit cards. These payments are an advance on the child tax credit, which means eligible people will get up to half of their child tax credit in these monthly payments and the other half when they file their 2021 taxes. You can go to to see who qualifies, how much you may receive, and how to address any problems.  You’ll also have the option of unenrolling from the Advance payments program.

According to the Federal Trade Commission, when it comes to the government being in the news, the scammers will likely use their standard playbook, meaning impostor scams may appear, with con artists pretending to “help”…

Read full article here: