The Mission Statement of the Tax Resolution Blog?

We created the Tax Problem Resolution Blog to aid the average person to become more discerning buyers of tax resolution and tax representation services. Please read the index of articles below to learn more about the tax resolution industry and to assist you in solving your specific tax problem.

Jay Freeborne, Enrolled Agent at Washington Tax Services, open for business since 1989

Friday, March 30, 2012

It's Over: Texas Court Nails Taxmasters with $195 million judgement

Looks like Taxmaster's Chapter 11 Bankruptcy was another head fake as a Texas Court placed a $195 Million judgement against Taxmasters and Patrick Cox for failure to serve their customers.

Statement from Attorney General is here:  
https://www.oag.state.tx.us/oagnews/release.php?id=4020

Justice is served.  But a sad day for their customers who likely won't see anything from the judgement.  Mr. Cox seems pretty broke and the company's assets are depleted.

Let's hope that nobody tries to run a tax resolution scam like this ever again.


I have been following the tragicomedy of Taxmasters since the blog began:

In January, I predicted their demise:  Who's Next?

Taxmasters Gets $25 Mil in Financing?
Taxmasters Files for Bankruptcy
Taxmasters Sued by Atty. General - Texas
Another Taxmasters Story
One More Story...
Taxmasters: Comparison Interview
Don't Call the Customer Service Line
Salesmasters
Sorry to Dwell on Taxmasters, But
Chilling: Tapes from Taxmasters...This is what Closers Sound Like

Taxmasters victim? Need help? Give me a call at 1 866 525 7302 or email me at jfreeborne@watax.com, Jay Freeborne, Washington Tax Services

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