Don't Let Holiday Time Be Scam Time

Santa and his elves are not the only busy people at this time of year. Robbers, thieves, carjackers and shoplifters all seem to thrive during the holiday season. This is also the time for various, and often ingenious, scams.


Register Today for “10 Ways to Improve Your Closing Cycle Now!” Webcast to be held on Thursday January 5th, at 12:30 p.m. or 2:30 p.m. Eastern Time. Join Mike Willis, CPA and Partner, PricewaterhouseCoopers for a to-the-point, 30-minute Webcast on ways to complete this year’s close in less time and with less stress. Discover how making minor adjustments can accelerate your closing process and improve accuracy and quality. You’ll learn proven methods you can implement immediately so you can take on other new initiatives that add greater decision support and analytical value to your business. Register now!

FRx Software Home Product Information
Training & Consulting Product Demo
Webcast Customer Testimonial Video

"It pays to be cautious when you make your donations," states Dr. Rhonda Hackett, founder of Nivek, an organization that has helped over 100,000 people living in poverty and author of Making A Difference: Changing the World One Penny and One Minute at a Time.

She stresses the need for giving at home at a time when American children are going hungry and a record number of families are homeless and living in poverty and she suggests that givers choose from groups that need help, such as soup kitchens and food panties. She recommends using caution to avoid scams, however, including:

  • Never giving personal information about credit cards over the phone or online, and never give cash.

  • Requesting written description of the groups’ solicitation and registration information within your state of residence, and proof of accountability, before making a donation on the phone or Internet.
  • Be wary of any alleged non-profit group with a name that closely resembles more established charities.

Web sites, such as, supply lists of scams and how to spot them. Twinkle, twinkle; pay $54; and name a star; may sound like a terrific idea, but even the certificate you receive is fake. Only The International Astronomical Union has the ability to name stars and they are not selling any names.

The Federal Trade Commission (FTC) also provides a useful site to direct your money to a reputable charity and away from scams. They suggest:

  • If the telemarketer claims that the charity supports a local organization, you call the group to verify.

  • Ask for a receipt showing the amount of the gift that is tax deductible. Not all gifts made to a "tax exempt" group are tax deductible.
  • Avoid Cash gifts, which can be lost or stolen.
  • Discuss the donation with a trusted friend or family member. This may be especially important for older members of you family.

"Each of us can help in many ways," says Dr. Hackett. ..."and lead you to create ...your place in the world...that is well placed and successful!"

You may like these other stories...

As anyone who's ever been through a divorce can attest, the pain of parting with your spouse isn't just emotional—the fallout from divorce can wreak financial havoc as well long after the dust in the courtroom...
Former DOJ Tax Division head Kathryn Keneally joining DLA Piper in New YorkGlobal law firm DLA Piper announced on Thursday that Kathryn Keneally, the former head of the US Justice Department Tax Division, is joining the firm...
OECD calls for coordinated fight against corporate tax avoidanceDavid Jolly of the New York Times reported that dozens of countries with the most advanced economies have agreed on principles for concrete action to prevent...

Already a member? log in here.

Upcoming CPE Webinars

Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 21
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.