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Tag Archives: Taxmasters

TaxMasters Locks Doors, Files Bankruptcy. Another Tax Resolution Firm Hits the Skids.

In the last year we’ve seen major tax resolution firms run into trouble, fold or fail. Between Ronnie Deutch, JK Harris, and now TaxMasters it’s been a bad year for the tax resolution debt relief business. Again it seemingly comes down to firms charging big advanced fees for services, spending the money, but not delivering on the services promised. This ... Read More »

Former IRS Agent Tells Tax Debt Relief Services May be Dangerous to Consumers

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photo © 2007 paul stumpr | more info (via: Wylio)Jim Buttonow, a CPA and former IRS Agent has released information about why the very premise of selling tax relief services for an advance fee is something consumers should be protected from. Below you will find submitted comments to the Federal Trade Commission regarding the selling of tax relief services. Get ... Read More »

Minnesota Sues TaxMasters Claiming Fraud and Deception

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Minnesotta Attorney General Lori Swanson today file suit against TaxMasters, a tax debt relief company. The suit allegedly states that TaxMasters used deceptive and misleading advertisements and commercials to attract consumers into large up-front fees for debt relief services, paying upwards of $8,000. The suit is said to claim the TaxMasters salespeople encouraged consumers to pay the steep fees on ... Read More »

TaxMasters Slams “Unethical” Debt Settlement Companies Getting Into Tax Relief Services

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photo © 2008 woodley wonderworks | more info (via: Wylio)TaxMasters, a tax relief service provider has come out in support of the new FTC telemarketing sales rules and has said they will follow them, even though the FTC has put a temporary hold on enforcement of those rules for now. Though the new Telemarketing Sales Rule is currently not being ... Read More »

Taxmasters – Scam, Complaint, Review, or Praise?

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Please share your experience with this debt relief company and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt relief company. Here are some potential questions you might ... Read More »

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