Credit Counseling Compliance Project: Educational Resources
What is the IRS doing to increase the public’s awareness of abusive credit counseling organizations?
Because of the serious abuses in the credit counseling industry, the IRS continues to take steps to ensure that the public is not misled by organizations that are incorrectly labeled as tax exempt. The public can identify credit counseling or other organizations that are no longer eligible to receive tax deductible contributions by going to our website at www.irs.gov/eo and clicking on Search for Charities
The IRS, partnering with other stakeholders (e.g., FTC, Department of Justice’s Executive Office of the U.S. Trustee), unveiled a website containing links and other information for consumers regarding credit counseling organizations. While consumer education is generally outside IRS responsibilities, in this case, the IRS believes it is advisable given that its enforcement activities are reaching the entire industry.