Consumer reviews and reports on scam companies, bad products and services
Tax Maters
Tax Maters Patrick Cox and Tax Masters Promised if we paid our $4,400 they would help us reduce out $23,000 tax bill down to $8,000 Houston, Texas
25th of Nov, 2010 by User313101
Before I begin let me say I know I'm not a rocket scientist and have made tremendous financial blunders these past 18 months, but what kills me are the people and businesses who take advantage of us when we are down. In May 2009 I had a 401k from my previous company which we sold (I know stupid) to pay off a large amount of debt due to a house that didn't sell, relocation expense, job changes ect.
When we did my taxes the $65000 put us way over the $150,000 after dedcutions and we were told by my accountant that we owed the IRS $24,000 in taxes. Furthermore, because we were over the $150,000 we couldn't take advantage of the $8000 tax break for the first time home buyers credit, nor were we able to take just over $19,000 in depreciation from an investment property we owned. Our accountant whom we paid $395 told me he could do the paperwork to request a monthly repayment program with the IRS which was the only way I could repay this bill.
Like most everyone else on this tread, we seen Mr. Cox and Tax Master commerical and called and they conducted what I thought was the intake of information and then assured us they could reduce our $24000 bill to around $8,000 but we would have to first pay the $4,400 retainer fee. We paid the $4,400 and they did another more intensive intake and thereupon stated we do in fact owe the $24,000 and there is nothing they could do to help us but they could set up a repayment plan, the very thing my accountant offered for $395. I told them they completely ripped me off and they refused to repay me any of my $4,400.
If there is one ongoing, I would love to participate in a Class Action Lawsuit against Tax Masters.

Post your Comment

Complaint Details

Get new code


Recently Updated Reports

161 days ago by freeinfofraud - Unable to withdraw funds
Bitky be Aware! Unable to withdraw money! Bitky idoes not allow you to withdraw your funds, do...
166 days ago by ned l.
Bi Polar Bullies - Bi Polar Bullies Kennel Karen Wolfe BUYERS BEWERE OF THIS...
thank you for bringing this to my name is Karen Wolfe, i'm the owner of...
167 days ago by ned l.
ServiceMagic ServiceMagic scams and cheats contractors...
Jason - I'm sorry to hear about your experiences with your leads recently. The leads that...

User Registration

Already a member? Log in now.
E-mail address
Get new code

User Registration

A confirmation email was sent to "".
To confirm your account, please click the link in the message.

If you don't see the email in your Inbox, please check your Spam box.

User Login

Not a member of Register now.
E-mail address
Forgot your password?
E-mail address
Loading, please wait...
Your password has been sent to the specified email address. Log in