The checks are being sent to millions of households as part of a coronavirus relief package passed by Congress and signed into law by the President. The IRS and Federal Trade Commission have warned Americans about fake-check scams, phone scams and e-mail phishing scams involving the stimulus payments. WealthManagement.com offers some tips on how advisors can help protect clients against scams.
Separately, Krebs on Security reports about potential vulnerabilities in a new IRS website that allows Americans who don’t normally file taxes to sign up for their stimulus payments.