• Link to X
  • Link to Facebook
  • Link to LinkedIn
  • Link to Icon_name
CLIENT PORTAL  |  MAKE A PAYMENT
Isler Northwest, LLC
  • Our Firm
    • Who We Are
    • Mission
    • Affiliations
    • Testimonials
  • Our People
    • Partners & Management
    • Careers
    • Community
  • Our Services
    • Our Services
    • Financial Reporting Services
    • Business Advisory
    • Estate Planning
    • Tax
    • Tax | International
    • Other Value-Added Services
      • Business Valuation Assistance
      • Forensic Support
      • Litigation Support
      • Real Estate Analysis
      • Retirement Planning
      • Theft & Fraud Detection
  • Our Resources
    • Client Portal
    • Payments
    • Calculators
    • IRS / State Tax Links
  • Blog
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Beware of New Text Scam Related to Stimulus Payments

COVID-19, Scams, Stimulus Payments
Beware of New Text Scam Related to Stimulus Payments

Article Highlights:

  • New Clever Scammer Scheme
  • Uses Economic Impact Payments as Bait
  • The Text Message
  • How to Report a Scam
  • How to Correctly Provide Information to Claim a Payment

The IRS has warned taxpayers of a clever scheme by internet scammers to dupe taxpayers into revealing their bank account information under the guise of receiving the $1,200 Economic Impact Payment (EIP) that Congress authorized last Spring.

Criminals are relentlessly using COVID-19 and Economic Impact Payments as cover to try to trick taxpayers out of their money or identities. This new scam is a twist on those the IRS has been seeing much of this year, and the IRS urges people to remain alert to these types of scams.

The current scam is a text message that reads: “You have received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment into your account. Continue here to accept this payment …” The text includes a link to a fake phishing web address.

This fake phishing URL, which appears to come from a state agency or relief organization, takes recipients to a fraudulent website that impersonates the IRS.gov Get My Payment website. Individuals who visit the fraudulent website and then enter their personal and financial account information will have their information collected by these scammers.

The IRS is asking people that receive this text scam not to go to the fake website, not to enter their financial information and to take a screen shot of the text message that they received and then include the screenshot in an email to phishing@irs.gov with the following information:

 

  • Date/Time/Time zone that they received the text message
  • The number that appeared on their Caller ID
  • The number that received the text message

Be aware the IRS does not send unsolicited texts or emails. The IRS does not call people with threats of jail or lawsuits, nor does it demand tax payments on gift cards. If you encounter any such communication, you can forward it to phishing@irs.gov.

If you believe you are eligible for the EIP and have not already received it, you can go directly to IRS.gov and search for Get My Payment. People who do not have a filing requirement but who are eligible for an EIP can use the Get My Payment non-filers tool until Nov. 21 to claim their payment.

Payments not received in advance can be claimed when you file your 2020 tax return next year.

If you have questions about a tax- or financial-related suspicious text or email, please call this office before taking action. Allowing scammers to get your bank account information can cost you money and create a lot misery. Be careful.

 

 


Isler Northwest LLC is a firm of certified public accountants and business advisors based in Portland, Oregon. Our local, regional, and global resources, our expertise, and our emphasis on innovative solutions and continuity create value for our clients. Our service goals at Isler Northwest is to earn our clients trust as their primary business and financial advisors.

Isler Northwest

(503) 224-5321

1300 SW 5th Avenue
Suite 2900
Portland, Oregon 97201

Share this entry
  • Share on Facebook
  • Share on X
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
https://www.islernw.com/wp-content/uploads/2020/11/Beware-of-New-Text-Scam-Related-to-Stimulus-Payments.jpg 320 845 IslerNW https://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.png IslerNW2020-11-21 04:47:582020-11-21 04:47:58Beware of New Text Scam Related to Stimulus Payments

Search

Search Search

Categories

Isler Northwest LLC | 1300 SW 5th Ave #2600, Portland, OR 97201 | 503-224-5321 | Site by Kistner Group | Review us on Google! | Review us on Yelp!
  • Link to X
  • Link to Facebook
  • Link to LinkedIn
  • Link to Icon_name
Link to: IRS Clarifies Stance On No Deductibility Of Expenses Paid With PPP Funds Link to: IRS Clarifies Stance On No Deductibility Of Expenses Paid With PPP Funds IRS Clarifies Stance On No Deductibility Of Expenses Paid With PPP FundsIRS Stance on Deductibility Of Expenses Paid With PPP Funds Link to: Big Tax Breaks for Hiring Your Children in the Family Business Link to: Big Tax Breaks for Hiring Your Children in the Family Business Big Tax Breaks for Hiring Your Children in the Family Business
Scroll to top Scroll to top Scroll to top