The Internal Revenue Service sent another warning last week for taxpayers to be on the lookout for a new version of a Social Security Number (SSN) scam.
The latest variation: Scammers claim to be able to suspend or cancel the victim’s SSN. “It’s yet another attempt by con artists to frighten people into returning ‘robocall’ voicemails,” the IRS said.
Scammers may mention overdue taxes in addition to threatening to cancel the person’s SSN. “If taxpayers receive a call threatening to suspend their SSN for an unpaid tax bill, they should just hang up,” the IRS instructed.
The Paycheck Protection Program is back. Business can apply for loans to keep their workforce employed. Congress approved more than $280 billion in relief funds for this purpose. Remember that not all lenders will be able to process and issue funds. Smaller community based lenders who work with low income communities and minority owned businesses