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

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 … Read more

Minnesota Sues TaxMasters Claiming Fraud and Deception

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 … Read more

Tax Debt Relief Industry Scrambles to Find Loophole in TSR Law

In response to the Federal Trade Commission (FTC) actions, a coalition of tax debt relief industry leaders is planning to argue that tax debt is secure—so the law wouldn’t apply to them, according to e-mail evidence obtained by independent Web site easyIRS.com. Greensboro, NC (Vocus) October 12, 2010 The survival of many tax debt relief … Read more