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IRS: Economic Impact Scam Circulates

 A scam designed to trIck people into disclosing bank account information in order to receive the $1,200 Economic Impact Payment has surfaced. The Internal Revenue Services and its partners in the Security Summit said criminals are utilizing a text message to convince taxpayers they need to disclose bank or identity information.

“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 …”  is the typical message. The text includes a link to phishing web address which purports to come from a state agency or relief organization, takes the visitor to a website that impersonates the IRS.gov Get My Payment website.

Anyone entering personal and financial account information will have their information harvested.

Those receiving such a message should take a screenshot of the text and email it to This email address is being protected from spambots. You need JavaScript enabled to view it./ They should note the date, time and timezone for receiving it; the telephone number that appeared on their Caller ID and the number that received the text message

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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