Watch out folks! Don't believe text messages regarding COVID funding!!! The IRS Security Summit issued a warning about a new COVID-related text message scam. According to IRS, the goal of the scam is to trick people into revealing bank account information under the guise of receiving a $1,200 economic impact payment. The text message states the recipient has "received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment … Continue here to accept this payment…." The text includes a link to a phishing Web address. "This fake link appears to come from a state agency or relief organization," IRS said, adding that "it takes people to a fake website that looks like the IRS.gov Get My Payment website." If personal and financial account information is entered on the fake website, the information is collected by the scammer, IRS stressed.