DMCC Mission Statement
Our mission is to provide consumers education and budget counseling to improve their financial literacy and assist them in the management of their personal finances. We are committed to providing credit counseling through educational programs and materials, personal budgeting, and debt management plans to financially distressed consumers, while maintaining fiscal integrity and utilizing the highest quality standards in the industry.
IRS Treatment of Client Payments to DMCC
Client payments to DMCC are considered to be equal to the fair market value of debt repayment services provided by DMCC and therefore, do not satisfy the IRS requirements for donative intent. Please review this with your tax preparer.
The subject matter contained in our educational publications is for information purpose only. We suggest that you consult your financial or other advisors when planning for your specific need or requirements