Tag Archives: IRS Scam

Fake IRS Calls – Interesting “Saving” Consumer – Birthday Boy The Brain! – Travels Next Week

After hearing multiple contacts by fake IRS calls, we were scratching our heads as to why! DOH….we understand now… these guys are really getting good.

Next Monday, October 17th, 2016 is the deadline for filing personal extensions. Timely fake calls.

Do not be fooled…it is easy to do if they catch you at the right time!

Interesting Consumer

In a recent Gallop pole, a broad group of folks are now finding it more important to save, rather than spend.


Source: Gallup Poll Social Series: Economy and Personal Finance. Based on results of Gallup Economy and Personal Finance poll conducted on April 6-10, 2016

Wow…. we want to dig deeper into this.

Initially this data may mean a headwind to the economy as consumer spending makes up the majority of the US  Economy and economic growth.  HOWEVER a healthier, financially stronger, happy consumer EVENTUALLY will feel empowered.

We like these types of numbers !

Birthday Boy

Due to confidentiality we can write very little about specific individuals… But a shout out to Donald “The Brain” on his Birthday today is ok !

Happy Birthday DC .. Thanks for all you do for all of us!


Next week (and later today) the schedule has out of state (and town) travels. This is the last for a while, and both include the gang, so all good …. Ahh, but that is next week and today is your Friday heading into a super fall temperature feeling weekend.

Enjoy your day, your Birthday and your weekend !

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

IRS Tax Scam … Beware !!

The third time is the charm!

Yesterday I received a THIRD call of late concerning a tax scam. Since it appears the crooks are on the prowl, here are a few quick notes to save you a headache and stress!IRS Scam

Beware of IRS Tax Scam

As is with most scams, urgency is their main weapon. Do not bite, logically, the IRS is never moving fast (that’s a joke …)

From the IRS:

An aggressive and sophisticated phone scam targeting taxpayers, including recent immigrants, has been making the rounds throughout the country. Callers claim to be employees of the IRS, but are not. These con artists can sound convincing when they call. They use fake names and bogus IRS identification badge numbers. They may know a lot about their targets, and they usually alter the caller ID to make it look like the IRS is calling ….

Note that the IRS will never:

  • 1) call to demand immediate payment, nor will the agency call about taxes owed without first having mailed you a bill;
  • 2) demand that you pay taxes without giving you the opportunity to question or appeal the amount they say you owe;
  • 3) require you to use a specific payment method for your taxes, such as a prepaid debit card;
  • 4) ask for credit or debit card numbers over the phone; or 5) threaten to bring in local police or other law-enforcement groups to have you arrested for not paying.

With the fake caller id, they are emboldened, forceful and convincing. Of course, this is a busy time for all, making us even susceptible.

Do not bite !

Have a great day!

John A. Kvale  CFA, CFP

PS Pre-flu …Tamiflu and 48 hour quarantine from office … sorry family …YIKES

8222 Douglas Ave # 590
Dallas, TX 75225