DoJ and IRS Warn Taxpayers of Potential Scams in Relation to COVID-19 Economic Impact Payments
Recently, the U.S. Attorney’s Office for the Western District of Louisiana and the Internal Revenue Service – Criminal Investigation (IRS-CI) cautioned taxpayers of the opportunity for criminals to steal economic impact payments through various means of deception.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020. Under the CARES Act, millions of Americans will start to receive COVID-19 economic impact payments from the IRS in the upcoming weeks. For most Americans, this one-time direct payment will be delivered primarily through direct deposit into their bank account.