Taxpayers should be vigilant when they receive a suspicious communication claiming to be from the Internal Revenue Service, requesting personal information such as a Social Security number, credit card number, financial account number or passport number.
These scams typically start with a phone call (vishing), an email (phishing) or a text message (SMSishing) saying you owe back taxes, or that you are getting a larger refund than expected. The criminal poses as an IRS agent in an attempt to gather personal information or to pressure you into making a payment.
Here’s how it works:
What you should do:
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.