ICFE eNEWS #18-08 - March 21st 2018
Guard Against IRS Scams: What The IRS Will Never Do
By Jim Garnett, a/k/a Ask Mr.G, a member of the ICFE's Board of Educational Advisors
IRS Phone Scam: I received a phone voice mail from the IRS
this morning (supposedly), informing me about some "deficiency
concerning tax fraud." I was instructed to call a Federal Agent
at a given number. If I did not, it would be regarded as a
denial of a Second Attempt to contact me. I recognized this as
phone scam and felt it wise to alert you to phone scams you may
Today's scams come in "all shapes and sizes" and
have been perfected to a skilled art. But rather than tell you
about each different scam, let me simply tell you HOW THE IRS
WILL NEVER CONTACT YOU.
The IRS will never:
• The IRS
will never initiate contact with taxpayers by email, text
messages or social media channels to request personal or
• The IRS will never call to demand
immediate payment, nor will the agency call about taxes owed
without first having mailed you a bill.
• The IRS will never
demand that you pay taxes without giving you the opportunity to
question or appeal the amount they say you owe.
• The IRS
will never require you to use a specific payment method for your
taxes, such as a prepaid debit card.
• The IRS will never ask
for credit or debit card numbers over the phone.
• The IRS
will never threaten to bring in local police or other
law-enforcement groups to have you arrested for not paying.
If you receive a phone call like this, immediately hang up.
© Jim Garnett, The Debt Doctor
AskMrG Consulting, LLC
2216 SW 35th Street
Ankeny, IA 50023
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Paul S. Richard
President - Executive Director
Institute of Consumer Financial Education (ICFE)
About the ICFE:
The Institute of Consumer Financial Education (ICFE) was founded in 1982 by
the late Loren Dunton (creator of the Certified Financial Planner (CFP)
designation and founder of the College for Financial Planning in Denver, CO.)
The ICFE is dedicated to helping consumers of all ages to improve their spending
practices, increase savings and use credit more wisely.
The ICFE is an
award winning, nonprofit, consumer education organization that has helped
millions of people through its financial continuing education courses programs
and resources. In addition to eight Certification courses covering identity
theft, credit files, credit repair and credit scoring, among others, it also
publishes the Do-It-Yourself Credit File correction Guide, which is updated
annually. The ICFE has distributed over one million Credit/Debit Card Warning
Labels and Credit/Debit Card Sleeves world wide.
The ICFE is a partner
with the national Jump$tart Coalition for Financial Literacy and the California
Jump$tart chapter. The ICFE staff is also active with San Diego Saves and
Military Saves, both offshoots of America Saves.
The ICFE is also an
on-line help for consumers who spend too much. ICFE's spending help was featured
in PARADE Magazine in the Intelligence Report section. The money helps and tips
are from the ICFE's Money Instruction Book, our course in personal finance.
The ICFE helps consumers and students with mending spending, learning about
the proper use of credit, budget and expense guidelines, how to set up and
implement a spending-plan and also how to access financial education courses and
how to teach children about money. Other ICFE services include: Ask Mr. G
library, a free eNews service, and an online resource center for students,
parents and educators, plus financial education learning tools in the ICFE Book