August 2, 2021
Scam/Fraud

IRS ‘Stimulus Check’ Bad News: Be on Lookout for Child Tax Credit Scams

As the Internal Revenue Service and the Treasury Department gear up to issue millions of child tax credit payments from President Joe Biden’s American Rescue Plan, the agencies are now warning Americans about potential scams regarding these recurring monthly checks.

They asserted that eligible parents need to be on guard especially if they have to update their bank account information. These people should head directly to the IRS.gov website and refrain from clicking on links that are received by email, text, or phone.

These warnings come as the IRS earlier this week announced its “Dirty Dozen” list for tax scams for this year.

“We continue to see scam artists use the pandemic to steal money and information from honest taxpayers in a time of crisis,” IRS Commissioner Chuck Rettig said in a statement.

“We provide this list to alert taxpayers about common scams that fraudsters use against their victims. At the IRS, we are…

Read full article here: nationalinterest.org