Gray, Gray & Gray
A New "Flood" in South Carolina:
Storm Relief Scams
     
Scam Alert
Recent storms and heavy rains have left a trail of devastation across South Carolina and the southeast U.S. As if residents do not have enough troubles to worry about, the Internal Revenue Service (IRS) has issued a consumer alert about fake charity scams seeking to fleece good-hearted people who are trying to help flood victims.

In a statement from the IRS, Commissioner John Koskinen said, "When making donations to assist flood victims in South Carolina and elsewhere, taxpayers should take steps to ensure their hard-earned money goes to legitimate and currently eligible charities." 

The fraudulent schemes may involve someone contacting you by phone, email, through social media or in door-to-door solicitations. The IRS recommends donating to recognized charities, and to be wary of charities with names similar to respected national organizations. Many scam artists create websites that mimic those of legitimate charitable organizations. Donors can check out the status of charitable organizations on the IRS website (www.irs.gov) or on the FEMA websites (www.fema.gov).

Never give out personal information such as a Social Security number or credit card or bank account numbers to anyone who solicits a contribution. Such information can be used to steal your identity. Avoid sending cash - contribute using a check or credit card that provides documentation of the gift. If you plan to take a charitable deduction on your tax return, make sure the organization and your donation are eligible.

If you think you may have been a victim of a flood charity scam, or would like more information about protecting yourself and your identity, please contact Gray, Gray & Gray at (781) 407-0300.
 
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Gray, Gray & Gray, LLP
781.407.0300

www.gggcpas.com