Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Posted by taxguru on October 15, 2003

Not-for-Profit Credit Counselors Are Targets of an IRS Inquiry – Many people who are already in poor financial shape fall for these credit counseling scams. Many of them are nothing more than fronts for the credit card companies trying to prevent people from discharging their debts through bankruptcy, while many others are outright frauds; receiving payments from their “clients” (aka suckers) and skipping town without forwarding any of that money to the creditors. Here is the IRS’s official news release on credit counseling agencies.

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