Tag Archives: Credit counseling

FTC Enforcement Deferred for Tax Debt Relief Services

[TaxMama Note: This change is the result of efforts by folks at the National Policy Group and the legislative team at  NAEA. With the support of members, these teams explained to the FTC how tax professionals are regulated by the IRS. Removing  tax debt firms from their ruling would still leave FTC with the power to deal […]

Credit Card Debt

Today TaxMama hears from Ken in the Tax Parlor with this tale of woe. “I received a 1099-C in 2005 and included it on my tax return. The credit card company has since taken me to Arbitration and my defense is that I have already paid taxes on this debt. Is there some publication that […]

Credit Repair Blues

Today Ann in California wanted TaxMama to fix her credit. Since all my income disappeared when I lost all my clients in the Y2K corporation crash, my credit tanked. A lot of my credit debt has even been written off by now. But now, I’m getting back on my feet again and want to clean […]