Tuesday, May 6, 2008

ALERT from BBB of Northern Indiana

The Better Business Bureau just passed this alert on to us regarding scammers hoping to cash in on the Economic Stimulus Package -

A consumer called informing us that she received an email from the IRS requesting her bank account, so she could receive her stimulus check direct deposit. Here is the schedule that the REAL Internal Revenue Service (IRS) has and the IRS is NOT going to call consumers asking for any type of personal information over the phone:

Stimulus Payment Schedule for Tax Returns Processed by April 15
Economic stimulus payments will be issued according to the last two-digits of the main filer's Social Security number. For joint filers, the payments will go out based on the person listed first on the return. Payments will be made by either direct deposit or paper check, consistent with how people filed their 2007 tax return. People who use direct deposit also will be among the first to receive the payments starting April 28. Direct deposits will be made daily and completed by the date listed below:

DIRECT DEPOSIT: Last two SSN digits; Payments will be transmitted no later than:

00 through 20 May 2
21 through 75 May 9
76 through 99 May 16

PAPER CHECK - Paper checks will also go out based on Social Security number.
For Social Security numbers ending in 00 through 09, the paper checks will be mailed starting May 9 and will continue through May 16. A similar process will be repeated in the following weeks. Last two SSN digits; Payments will be mailed no later than:

00 through 09 May 16
10 through 18 May 23
19 through 25 May 30
26 through 38 June 6
39 through 51 June 13
52 through 63 June 20
64 through 75 June 27
76 through 87 July 4
88 through 99 July 11

For more information click here

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