SACRAMENTO — Many Americans will soon receive advance payments on child tax credits through the American Rescue Plan Act, but experts are warning impostor scams are also likely to appear.
According to the Better Business Bureau, the IRS announced it is sending monthly payments via direct deposit, paper checks or through debit cards.
As an advance, eligible people will get up to half of their child tax credit in these monthly payments and the other half when they file their 2021 taxes. People can visit irs.gov to see who qualifies, how much you may receive and how to address any problems.
Both the BBB and Federal Trade Commission said in these instances when government payments are announced, scammers are likely to use their standard playbook, consisting of imposter scams with con artists pretending to “help” people get payments earlier, get more money or commit identity theft.
The BBB and the FTC have several tips for people to avoid impostor…