Most Credit Counseling Firms Lose Tax Exempt Status
Two years of audits into credit-counseling organizations led to revocations of the tax-exempt status of more than 30 groups. The audits were prompted by hundreds of consumer complaints of deceptive business practices, including high fees, high-pressure tactics and inadequate educational services. For more information, read today's story
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Posted by: Sumar | April 25, 2006 3:46 AM
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