TaxMasters Labeled A Money Stealing Scam Leading The Company To File Bankruptcy Due To A Massive Lawsuit

March 22. 2012

For years, Patrick Cox has run commercials on American television, proclaiming he can significantly cut people's tax debt with the Internal Revenue Service (IRS). However, over 1,000 complaints to the Better Business Bureau, from consumers stating they have been fleeced out of thousands of dollars, paid up front to TaxMasters, for Cox to negotiate and resolve their tax debts, says otherwise.

Patrick Cox

On March 18, 2012 TaxMasters sought bankruptcy protection, filing Chapter 11, in an attempt to fend off a potential multi-million dollar court verdict against the company, regarding customers that have lost money using their service and gotten nowhere with the IRS in the process. Buyer beware.

MORE IRS ARTICLES

More Information On The Obama Administration Using The IRS To Harass And Intimidate Politically Outspoken People

The Obama Administration Is Getting The IRS Sued For Using The Agency To Target And Terrorize Political Opponents

The IRS Is Woefully Late With Income Tax Returns Under The Obama Administration

resident Obama Abandoned The Buffett Rule Regarding Taxing The Rich

Millionaire Mitt Romney Agrees To Release His Tax Returns To The Public