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TaxMasters
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Founded in 1999 and headquartered in Houston, Texas, TaxMasters, Inc. rose to national prominence in the late 2000s through aggressive television and radio advertising campaigns. The company specialized in tax relief and resolution services, promising to help clients settle their tax debts with the Internal Revenue Service (IRS) for a fraction of the amount owed. However, the company faced numerous consumer complaints and major lawsuits from state attorneys general for deceptive advertising and failure to deliver promised services, which ultimately led to its filing for Chapter 7 bankruptcy and liquidation in 2012.
United States
Industry
Financial