Tax Masters Not Participating in Recession
Economic ‘Crisis’
The glance I took at the headlines this morning was flat out depressing. Small Banks Ailing as Recession Mounts, Hedge Fund is Dissolving as It Faces 2nd Inquiry, Shake-Up at Shell, Quarterly Earnings Fall at Staples… these are just a few. There is some growing optimism out there, but it’s my perception that most people think we are in terrible economic shape. It’s clear that people are scared to spend right now, even though most are still making about what they were this time last year. Of course there’s those who have lost their jobs and we empathize with that situation. But most of us still have a job. So what’s the deal?
Gallery Furniture–What Recession?
There is a business here in Houston named Gallery Furniture run by an incredible retail business mind in Jim McIngvale, better known around town as Mattress Mac. I can’t recall where I saw the reference, but when asked about the impending recession several months back, McIngvalestated plainly that he couldn’t control others, but that he didn’t plan to participate in any recession or downturn. I like that kind of attitude. It happens to be the same attitude we have at Tax Masters.
If You Get Knocked Down, Stand Back Up
Last week the main warehouse for McIngvale’s furniture business burned. This was a 100,000 square foot facility full of furniture, mattresses, and electronics. Gone. We all watched andwaited to see how Mattress Mac would respond. Less than 48 hours after the incident, Gallery Furniture was running a new television ad, thanking people for their support and informing everyone that their store on the west side of Houston was open for business and they were carrying on their Memorial Day sale as planned. If that’s not resilience, I don’t know what is. Our hat’s off to Jim McIngvale and Gallery Furniture for refusing to go down. Jim is known to be a class act here in Houston. I have met him once or twice and wholeheartedly agree with that opinion of him.
It’s my assertion that it will take people like those at Gallery Furniture to get this country back on track. It’s going to take people who refuse to stay on the floor when knocked down.
Proposed Increases in IRS Enforcement Budget, People, and Resources
As the recession, real or perceived, tightens its grip on the common taxpayer in the United States, the IRS is going to more aggressively pursue every dime they think you might owe. As a matter of fact, if you have been following my posts, you’ve already read about Obama’s 800 and about the current administration’s push to quadruple the IRS enforcement budget over the next five years. The message is plain. Pay your taxes and play by the rules or the IRS is coming for you.
Solve Your Tax Problem Now Before It Grows
As I’ve stated before, now is not the time to have a tax problem. Some estimate that 20 percent of U.S. taxpayers have some sort of IRS tax problem. That’s one in five. Look around you. Think about your friends. One in five of them owes the IRS money or is facing an audit. Now is the time to fix these problems, before the IRS has more resources and a larger budget with which to pursue tax evaders. Don’t let simple mistakes become a crime. This is a simple choice. But it’s a choice you must make.
Tax Masters is Strong and Here to Help
As Mattress Mac stated concerning the economy and what it means for Gallery Furniture, we’re not participating in any recession at Tax Masters. We are strong and we are here to help taxpayers all over the country fix the problems they have with the IRS. If you have a tax problem, you really need to get this fixed sooner rather than later. Don’t let your tax debt grow into something you can’t possibly pay off. Those penalties and interest are working against you right now as you read this.
Call Tax Masters today at (866) 694-4018 and put yourself on the road to settling with the IRS right now. You’ve already procrastinated long enough. Tax debt does not go away unless you take the appropriate actions to make it go away. Call us. We can help.
Until you need us,
Patrick Cox Tax Masters
I have been in contact with [one of your top tax consultants]. I chose to go with Roni Deutch and have had disastrous consequences. The lawyer did not contact the IRS until after the 21 days expired on a levy on my bank accounts. I lost $2000 in that levy, and my business doesn’t have the resources to simply absorb a loss of that size. Now they say they are negotiating for currently not collectible status, but this means the IRS filed a lien on my property (I don’t have much)
But when I talked with [your tax consultant] she said that it would cost more than I can afford to take care of it in very large installments that I can’t afford, so it appears I am stuck. I need help! I am a member of the working poor, and I can’t afford such high prices!
Ali,
We sympathize with your situation. While we don’t want to comment about any of our competitors specifically, I will say that other tax representation firms are notorious for selling services and then splitting the fees up into small payments over several months. The problem is that the firms tend not to do the work until it has been payed for. What that means is that they can easily miss deadlines waiting for your payments to clear. We strongly suspect that may be what happened in this case.
The reason we keep our installment plans short is to avoid just this type of issue. We can fix the problem you have, which is much more complex now than it was before the levies occurred. I wish you would have given us the opportunity to solve your tax problem up front. The cost always escalates when we have to clean up the mistakes of others simply because of the increased amount of work. I hope you will be the next TaxMasters client, but I understand also that not everyone can be a TaxMasters client. We wish you the best in dealing with this issue. We would consider it an honor to be your tax representative.