Update by user May 07, 2013
Tax Masters filed bankruptsy March 19, 2012. They have an estimated $50,000.
There are over 20,000 complaints. To date I believe no one has had money returned nor will they see the money they lost.
There is no resolution to date. However, there are a number of Attorney Generals from different states involved in this case.
Original review posted by user Apr 05, 2013
MY son was going into bankruptcy because of the taxes he owed.
I saw the TV ad on Taxmasters and contacted them. I was told I had to send in $1200.00 deposit, so I did for my son Bryan Patrick Cullen, my name is Christine Constance D'Onofrio and the check was drawn on the bank of America. My son sent in all
of his paperwork as requested and nothing happened. Nor was
there any correspondence. I called several times and got different people and went no where. I called Texas Police Department but they could not help. We have had $1200.00 dollars stolen from us fraudulently when my son was facing a