Be Careful of Scams When Donating to Charities

The world is full of good Samaritans, those people who see other people suffering, and want to help or who get involved in a good cause. Donating time, talent and money to charities and other good causes is a noble endeavor. However, as with most things in life, there are always those on the other side of the equation that are looking to take advantage of any situation, even of those who want to help the less fortunate.

Recently, the IRS warned Americans about one such catastrophic event that could lead to scammers trying to take advantage of would-be good Samaritans. South Carolina is still reeling from the horrible and widespread damage from the massive flooding the state sustained from the record-setting rain that recently blasted the area. In the midst of all the terrible destruction, many people were already reaching out to donate money for relief efforts. The bad news, scammers are out in full-force as well.

That led the IRS to issue a warning against these scammers who are standing by to take advantage of the good-hearted people who donate. The IRS says that these kinds of events often bring out many people who are looking to profit from others’ misfortune. To that end, the IRS recommends checking the IRS website to make sure that your donation is actually going to a qualified charitable organization and not into a scam artist’s pocket.

Also, remember to avoid giving out personal information, only use legitimate websites and be sure to get receipts for tax deduction purposes. Do not send or give cash and be careful of any unsolicited emails or phone calls. As always, trust your gut and use your best judgment in order to avoid being scammed.

Posted in
Redefining Social Responsibility In The Financial Industry: Our Conversation With David Reiling

David Reiling on Redefining Social Responsibility In The Financial Industry

Recently, on Alan Olsen’s American Dreams show, David and Alan talked about redefining social responsibility in the financial industry. See David’s Recent Interview with Alan Olsen: https://www.youtube.com/watch?v=ztdtPfH9RAk&t=2s David’s background David Reiling is an accomplished social entrepreneur and innovator in the field of community development finance and financial inclusion. He has been the Chief Executive Officer…

Banking As A Social Entrepreneur with David Reiling

Banking Reimagined As A Social Entrepreneur

Introduction, in this interview, Alan Olsen, CPA, MBA discusses banking as a social entrepreneur with David Reiling, CEO, Sunrise Banks. Transcript (software generated) Alan Olsen Welcome to American Dreams. My guest this week is David Reiling. David, welcome to today’s show.   David Reiling Thanks, Alan. Great to be here.   Alan Olsen So David,…

The Economic Influence of the NBA All-Star Weekend

NBA All-Star Weekend Economic Influence

Written by Ryan Hickman. If you have walked around downtown Salt Lake City recently, you’d come across ginormous signs advertising the NBA. But not just advertisements for the local Utah Jazz, but for the annual pinnacle of NBA events: the 2023 All-Star Game. This annual event envelopes whichever city hosts the events, which include a…

Richard Rossi, Founder of daVinci50: The Man Behind The Age Reversal Revolution

Richard Rossi, Founder of daVinci50: The Man Behind The Amazing Age Reversal Revolution

Watch Richard Rossi’s recent interview with Alan Olsen about age reversal at: https://groco.com/featured-guests/mastering-age-reversal/  Richard Rossi is a revolutionary figure in the field of age reversal, with his company daVinci50 leading the way in exploring new treatments to combat aging. His research into stem cells and gene therapy has opened up exciting possibilities for reversing the…