The Department of Revenue sheds no tears for TaxMasters, which has just filed for bankruptcy protection.
Actually, it is taxpayers who are now protected from the predatory tactics and empty promises of TaxMasters.
TaxMasters website is still up, but a call this morning to their office was taken by an answering service.
DOR takes every opportunity to warn taxpayers about the phony baloney this company and other such companies (two of them, Roni Deutch and JK Harris, are now happily out of business) have spun to lure anxious taxpayers desperate for a way to solve their tax issues.
Companies that advertise they can make tax liabilities go away for pennies on the dollar are engaged in deceptive advertising practice. They frequently advertise a roster of tax attorneys, former IRS agents, or accountants, but you are just as likely to be talking with a marketer who gets paid based on the number of clients enticed to use the service.
If you have tax issues with DOR, or the IRS, call the agencies and set up payment plan. Nobody makes taxes owed vanish, nobody.
If you need to set up a payment plan with DOR, call customer assistance at 1-617-887-6367 or, in Massachusetts, toll-free at 1-800-392-6089. If you need further information call the Office of the Taxpayer Advocate at 617-626-2280.