Internal Revenue Service to Address Credit Counseling Industry

The Internal Revenue Service (IRS) will speak at the Spring Conference of the American Association of Debt Management Organizations (AADMO) in Austin, Texas on Tuesday, May 16, 2006.

(PRWEB) May 13, 2006 -- The Internal Revenue Service (IRS) will speak at the Spring Conference of the American Association of Debt Management Organizations (AADMO) in Austin, Texas on Tuesday, May 16, 2006.

According to Mark Guimond, Executive Director of the AADMO, the largest trade association for the credit counseling industry, “with so many issues critical to the industry pending before the IRS, we are pleased to have this opportunity”.

ABOUT AADMO

AADMO is the largest trade association for the credit counseling and debt management industry. Nationwide, the majority of licensed and legally operating credit counseling agencies are members of AADMO.

AADMO members are consumer credit counseling agencies, debt management organizations, credit counselors, personal finance educators, credit and debt information educators, consumer lawyers and many others.

AADMO is the only trade association to have held state law compliance workshops with the New York State Banking Department and the California Department of Corporations upon enactment of their respective laws governing credit counseling and AADMO is the only trade association for the industry to publish a formal summary of state laws that has been reviewed by state regulators.

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