Tax Masters / fraud and theft

ALWAYS check with the Better Business Bureau FIRST...that's what I did and discovered that these scamming jerks have a file of hundred s and hundreds of unresolved complaints against them. Honest, hard-working people with real IRS challenges have been hoodwinked by the slick radio and TV commercials from these vultures. Thank God I was not one of them, and I ended up with a legitimate company with an excellent BBB rating. My program of resolving my IRS difficulties is now legitimately under way, and I am tremendously relieved that I checked with the BBB FIRST.

Trying to find a lawyer who is willing to eat their own is a challenge. However, I believe under the states Fair Practices Trade statute there may some hope. I have even contacted my congressmen. The money I paid Taskmasters could have been paid towards the IRS and I could have negotiated the same payment schedule. The IRS wondered why we did not talk to them first. Unfortunate that is even a worse scenario...

TaxMasters ripped me off as well. They now have over 300 BBB complaints and an F- rating, which I should have checked first.

I would join a suit if one was filed, I don't have the time, money, or health to deal with one by myself. I can be reached at antkojm1 [at] gmail [dot] com

I guess I will also be placed on this list of people disgusted with taxmasters. I am ready to join a class suit! 8-31-09

Pat Cox is currently a Certified Public Accountant licensed by the State of Texas (http://www.tsbpa.state.tx.us/macros/OD007.ndm/DETAIL?ID=055358 ). Your complaints about his deficiencies can be filed with the Texas State Board of Public Accountancy to get him sanctioned and and possibly shut down for discreditable acts against the profession.

Apparently there is a US Treasury investigation into TaxMasters.

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US Treasury Department
Attention: Agent Farwell
1919 Smith Street
Suite 2270
Houston, TX 77002

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And a potential class-action suit:

Pam Mitchell
(504) 234-5202

1. There used to be a huge blog filled with TaxMasters stories and complaints. The sued the guy and he took it down. Here's an archive of it though:

http://web.archive.org/web/20080621192338/www.enormousincongruities.com/2006/02/22/tax-masters/

** FILE AN SEC COMPLAINT AGAINST TAXMASTERS HERE **

Tax Masters can't be trusted

Tax Mmasters should be shut down. How come they can't pay their health insurance premiums when they reported to the Securities and Exchange Commission that they took in over $11 million dollars through March 31, 2010 AND had CASH to the tune of over $4 million during that same period. I wonder whether the numbers Tax Masters gave the SEC are correct. Could it be that Tax Masters has committed stockholder fraud by not disclosing accurate financial information on their SEC documents. If you feel the same way as I do and want to complain to the SEC as well as the Texas Attorney General and joining the class action lawsuit, you can file a complaint with the SEC by using the following website: http://www.sec.gov/complaint.shtml

there are now 4 federal lawsuits against TaxMasters, for varied reasons:

8 Taxmasters, Inc. (dft) txsdce 4:2010-cv-02373 710 07/02/2010
9 Taxmasters (dft) txsdce 4:2010-cv-02373 710 07/02/2010
10 TAXMASTERS, INC. (dft) paedce 2:2010-cv-03331 480 07/07/2010
11 TAXMASTERS (dft) paedce 2:2010-cv-03331 480 07/07/2010
14 TaxMasters Inc. (cnflck) txsdce 4:2010-cv-03055 710 08/25/2010
15 Taxmasters, Inc. (dft) txsdce 4:2010-cv-03055 710 08/25/2010
16 Taxmasters (dft) txsdce 4:2010-cv-03055 710 08/25/2010
17 Taxmasters, Inc. (dft) txsdce 4:2010-cv-03330 190 09/16/2010