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Report: #284656

Complaint Review: International Tax Associates - Buffalo Grove Illinois

  • Submitted:
  • Updated:
  • Reported By: Reno Nevada
  • Author Confirmed What's this?
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  • International Tax Associates 1250 Barclay Buffalo Grove, Illinois U.S.A.

International Tax Associates Rip Off Buffalo Grove Illinois

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I got scammed by these people in kinda the same way as all these other posts. These people have a telemarketer constantly call you and pressure you to use their services. They send out a sales person to tell you what is wrong with your company and how much their services can save you in TAXES.
They told me that I had the choice of paying $149,000 in federal taxes on my company or if I used their services I could pay $22,500 in taxes, my choice. The savings on taxes would more than cover what they charge of $25,000.
Then I was told that for the $25,000 that included a TAX ANALASIS so I could take my company forward paying min tax.
The ANALASIS consisted of pretty generic tax information such as VEBA, hiring my kids, investing in real estate (I already had 8 properties) etc. Nothing was said that my CPA did'nt already know.
This company preys on small construction firms, mom & pop shops that most likely does not have alot of accounting, tax experence etc. BE CAREFUL.
Oh, that year after my CPA did my taxes I paid a total of $16,482 in federal taxes and did nothing that they suggested. I asked my CPA where they came up with $149,000 figure. It came from figureing tax on my gross profit not net.
I wonder how that happened? hmmmmmmmmm

Anonymous
Reno, Nevada
U.S.A.

This report was posted on Ripoff Report on 11/13/2007 05:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/international-tax-associates/buffalo-grove-illinois-60089/international-tax-associates-rip-off-buffalo-grove-illinois-284656. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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