Tax season often brings an uptick in scam attempts, and one of the most common threats is the IRS imposter scam. These scams are designed to create panic, pressure you into acting quickly, and ultimately trick you into sending money or sharing sensitive personal information. At Peoples Bank, your security matters, which is why we want you to know exactly how these scams work and how to protect yourself.
What Is an IRS Imposter Scam?
An IRS imposter scam typically begins with an unexpected call from someone claiming to be from the Internal Revenue Service. Scammers may tell you that you owe back taxes and threaten severe consequences, lawsuits, arrest, deportation, or revoked licenses, unless you pay immediately. They often demand payment via methods difficult to trace, such as prepaid debit cards or wire transfers. The caller may even know part of your Social Security number, and your caller ID may show a Washington, D.C. area code, making the call appear legitimate.
How You Can Tell It’s Not Really the IRS
It’s important to remember that the real IRS does not operate this way. According to the IRS, their first point of contact is always by mail, not by phone. They also never demand immediate payment, request prepaid debit card numbers, or ask for credit card information over the phone. Scammers often use caller ID spoofing technology, so even if the number looks official, it may not be.
Common Red Flags of IRS Imposter Calls
Watch out for these signs that the caller is not who they claim to be:
- Threats or intimidation, such as warnings of arrest or legal action if you don’t pay immediately.
- Pressure to act quickly, especially demands for same‑day payment.
- Requests for unusual payment methods, including prepaid debit cards, wire transfers, or gift cards. The IRS never requests these forms of payment.
- Suspicious communication links or misspelled website addresses, particularly in emails or text messages.
If something feels “off,” it probably is.
What To Do if You Receive a Suspicious Call
If you receive a call from someone claiming to be from the IRS:
- Stop. Don’t send money. Once funds are wired or loaded onto prepaid cards, they’re usually unrecoverable.
- Do not share personal information. Never provide Social Security numbers, credit card numbers, or bank passwords over the phone.
- Hang up immediately and do not engage with the caller.
- Verify directly. If you have questions about your tax status, visit IRS.gov or call the IRS at 800‑829‑1040.
Help Protect Others: Report the Scam
Reporting scam attempts helps federal agencies identify patterns and investigate criminals. You can report IRS imposter scams to the Federal Trade Commission at:
- 1‑877‑FTC‑HELP (1‑877‑382‑4357)
- ftc.gov/complaint
These reports help protect others and contribute to law enforcement efforts.
Stay Informed and Stay Safe
Scammers rely on fear and urgency, but knowledge is your best defense. Consider signing up for scam alerts at ftc.gov/subscribe to stay ahead of new and evolving fraud attempts.
At Peoples Bank, safeguarding your financial well‑being is our priority. If you ever receive a suspicious call related to your Peoples Bank accounts, or if you’re unsure whether a communication is legitimate, hang up and contact our Customer Support directly at (800) 584-8859.