People Fooled by TaxMasters Claims

When choosing a business tax preparation specialist or a tax advisor for your personal needs, it is very important to select a trustworthy expert with proven experiences in tax settlements and good reviews.

This is what clients of TaxMasters, a now bankrupt tax preparation company in Houston, Texas, found out after trusting their taxes to this company based on a commercial promising to settle tax debt for less. TaxMasters is now being sued by the State of Texas because while they claimed that they would get a free consultation with a tax specialist by calling a number in their TV commercial, the calls were actually answered by salespeople that are not qualified to give help with taxes. This could be a violation of the Texas Deceptive Trade Practices Act. The quality of service was so bad that they may have even delayed submitting their clients’ taxes until all of their fees were collected, resulting in missed tax deadlines and additional fees and interest owed to the IRS.

This blog on Professional Tax Resolution describes things to look for when choosing a tax settlement professional. For business tax preparation, tips for choosing a business tax resolution specialist can be found here.

To avoid costly mistakes and deceptive practices, it is important to know who you are speaking with when you handle your taxes. If you have trouble paying your taxes, there are options like installment agreements through the IRS that can split up the sum into more manageable monthly payments. An offer in compromise is another option, where the IRS and taxpayer agree to settle the tax liability for lower than the full amount that is owed.

If you are in need of any type of business tax preparation services, the tax specialists at Business Tax Preparation can provide you with the help you need.  Because our proven, well-reviewed tax professionals are familiar with all of the available tax resolution options and are experienced at negotiating tax settlement agreements with the IRS, we can ensure that you will receive the maximum tax advantage for your specific financial situation. For more information about our tax resolution and business tax relief services, visit us today at businesstaxpreparation.com. Contact us by phone at (866) 676-9417, or by email at info@businesstaxpreparation.com to receive a free, no obligation consultation.