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Information about Coronavirus (COVID-19) and Stimulus Payment Scams

Information about Coronavirus (COVID-19) and Stimulus Payment Scams

With the rapidly evolving Coronavirus (COVID-19) pandemic, this has become a challenging time for our nation. Our hearts, thoughts, and prayers are extended to each and every one of you as well as your family members and loved ones during this uncertain and unsettling time in our nation's history, especially those who have been directly impacted by the Coronavirus. We at PP&A are constantly monitoring the developments and directives issued by our local, state, and national governing bodies, as well as public health authorities including the Centers for Disease Control (CDC) and the World Health Organization (WHO).

I want to reassure you that PP&A is committed to providing our Valued Clients with the same level of service that you have come to rely on. Our intent is to remain fully functional and operational as we strive to provide you with uninterrupted service on all deliverables.

As with most companies around the globe, we have implemented some precautionary measures within our internal dynamic to ensure the health and safety of our employees, and to mitigate the spread of the Coronavirus. We made the decision to have our front-line employees perform their jobs remotely from home until it's safe to return to the office. Due to the uncertainty of the airline industry, I had to temporarily suspend all business travel as it relates to tax appointments.

We ask for your patience and understanding as we continually adjust to the widespread impact of these unprecedented times and the ever-changing landscape of the "new normal." In the interim, we encourage you to utilize your secure client portal to upload and receive proprietary information and documentation. You can contact us directly at 470-891-4669, or via email at for general questions or concerns. If you already have the direct email for any of our team members, you can reach out to him/her directly as well. Thank you for being a Valued Client, and please stay safe and stay healthy. BEWARE OF STIMULUS PAYMENT SCAMS Taxpayers here is what you need to know about stimulus payment processing in order to protect yourself from scammers:

1. Be alert for phone scams. The Internal Revenue Service (IRS), Treasury Department, or any other government agency will not contact you by phone to collect information for stimulus payment processing. Period.

2. Be alert for phishing scams. Government agencies will not email or text you to collect information for stimulus payment processing. Watch for suspicious emails or texts with links or attachments requesting information for processing stimulus deposits or checks. If you receive one, do not click the link or open the attachment. It’s a scam. Delete it.

3. Be alert for state-related scams. State agencies will also not call, email or text you to collect information or a fee to process a stimulus payment. To date, no state has introduced their own version of a stimulus payment.

As of now, we are only aware of one communication a taxpayer will receive from the IRS. No later than 15 days after distributing a stimulus payment, the IRS is required to mail a notice to the taxpayer indicating the payment amount, whether the payment was mailed or deposited, and a phone number to call if the taxpayer did not receive the payment.

Victims or targets of stimulus payment scams should report it immediately to the Federal Trade

We will provide more information about the IRS’s plans to process stimulus payments as it becomes available. USEFUL INFORMATION: CARES ACT CARES is expected to infuse approximately $2.2 trillion into the U.S. economy. The Act addresses a multitude of ways in which the federal government seeks to support businesses impacted by the pandemic and employees affected by COVID-19.

Key areas of interest for employers relate to business loans, unemployment benefits, retirement plans, tax credits and executive compensation. The Act was passed by the House of Representatives in the early afternoon of March 27, 2020 and the President has signed the measure.    from Click here to read more.

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