Wealth Management in a Digital World – Part 3

Subtopic: How to read a wine label Air Date: June 18th, 2020

We Are Talking Money Live hosts, Phil and Sarah, continue on the final part of the 3 part series of “Wealth Management in a Digital World.” As always the broadcast starts with their weekly wine series and discusses how to read a wine labels. We Are Talking Money Live then dives into digital tax scams to avoid. Tax season is extending the tax scam season along with scammers continually creating fake COVID-19 charities. Listen to become aware of these scams and to learn what to do if you suspect a scam.

Extending Tax Season is Extending Scam Season – Tips for recognizing the signs of scams and how to report them.

  • Telltale signs
    • Requests for information – asking you to confirm your social/last 4
    • Demands with threats of law enforcement
  • Popular Scams
    • Coronavirus emails
      • emails containing malicious attachments
      • Fake charities that “support” covid victims and their families etc.
    • IRS impersonators
    • Venmo Scams
  • What to do if you suspect a scam
    • Alert the proper authorities (ex: Social security scams report them to the SSA)
    • Change your passwords
    • Freeze your social
    • Preventative measures – LifeLock