- Report: #665527
Report - Rebuttal - Arbitrate
Complaint Review: Tax Maters
Tax Maters900 Town & Country Ln. Suite 400 Houston, Texas United States of America
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
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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.
This report was posted on Ripoff Report on 11/26/2010 03:52 AM and is a permanent record located here: http://www.ripoffreport.com/r/Tax-Maters/Houston-Texas-7702/Tax-Maters-Patrick-Cox-and-Tax-Masters-Promised-if-we-paid-our-4400-they-would-help-us-r-665527. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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