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Tax Scam Targets Recipients of Advance Child Tax Credit

The Internal Revenue Service issued a consumer alert warning taxpayers about a new scam targeting potential recipients of the Advance Child Tax Credit.

A taxpayer receives a telephone call from a person who promises to speed up the payment of the Advance Child Tax Credit checks. The catch is the taxpayer must agree to a 39.99 charge to a credit card. Once the taxpayer agrees to the charge and provides a credit card number or other sensitive personal information, she could find a much larger charge to her account. By the time the taxpayer realizes something is wrong, the scam operator is long gone, possibly victimizing another taxpayer.

The IRS reminds taxpayers that no person or organization can “speed up” the payment of tax Benefits. The Scam also feature callers seeking credit card information to get taxpayers to pay for special benefits. Scam artist use current events to prey on unsuspecting victims.

If you encounter this latest tax scam or suspect tax fraud or abuse in some other situation, report it to your nearest Internal Revenue Service office. When in doubt, seek help from the IRS or a tax professional.

You can call the IRS tax fraud hotline at 1-800-829-0433.


Linda Law
Family and Consumer Science Educator
(518) 746-2560

Last updated February 27, 2023