Patrick Cox is the leader and founder of Tax Masters, a premiere IRS tax relief and resolution company located in Houston, Texas. Mr. Cox, a CPA in his own right with a great deal of accounting and management experience in the financial sector, founded Tax Masters in 2001 and has grown the company to more than 300 employees as of September 2010. Tax Masters has served tens of thousands of clients and had incredible success with settling federal tax debt, defending clients in audit, setting up monthly IRS payment plans, and filing past-due tax returns. As the president of Tax Masters, Patrick Cox has put the right people and processes in place to prepare for the growth to date and for the anticipated growth to come.
Patrick Cox graduated from Texas A&M University in 1986 with a Bachelor of Business Administration degree in Accounting. Mr. Cox took the Uniform Certified Public Accountant Examination before graduation and was a Certified Public Accountant by the time he walked into his first fulltime job. He worked as a CPA in several accounting firms in Houston, Texas over the next several years and joined Kemper Insurance Companies in 1989 as a CPA.
He advanced quickly with Kemper, working in various locations across the US. His advancement led to an appointment to Vice President of Finance with Kemper in 1994, making Mr. Cox the youngest VP with Kemper at age 31. After working with Kemper for nearly a decade, Patrick Cox left the company in search of other endeavors in the spring of 1998.
Mr. Cox returned to Houston and opened an accounting firm of his own doing business as Cox & Associates. He watched that year as Congress and President Clinton signed into law the Restructuring and Reform Act of 1998 (RRA 98), not fully realizing how much the reform act would impact his future.
By 2001, Mr. Cox had represented several clients with various tax problems before the IRS and was building a track record of success. He accurately identified a growing need among taxpayers for honest, qualified tax representation and formed Tax Masters to fill the gap he saw. Tax Masters advertised in the local Houston market in those early years and were overwhelmed with the flood of responses they received from taxpayers in need of IRS tax relief.
In 2003, Patrick Cox and Alex Clamon, Vice President of Sales with Tax Masters, launched a national television and radio campaign to attract clients outside of Houston and Texas. Again, the response was incredible. Mr. Cox quickly sold Cox & Associates so he could focus fulltime on Tax Masters and began building one of the most effective tax relief teams in the US.
With revenues and personnel doubling every year, Tax Masters continues to grow rapidly to handle the demand for services. As of April 2009, Tax Masters employed more than 250 people and is still hiring to keep up with an ever-growing caseload.
Patrick Cox decided to keep Tax Masters centrally located in Houston, Texas instead of creating multiple satellite offices across the country because he can more easily train, recruit, and monitor personnel and day-to-day activities in a centralized location. This tight-knit, mentor-based culture helps new employees assimilate quickly and become effective at representing clients before the IRS almost immediately.
Another advantage of having a location in the central time zone is that Tax Masters can respond to a greater number of clients and potential clients during the client’s business hours. Tax Masters added shifts in 2008 to accommodate even more clients and potential clients on the west coast of the US and in Alaska and Hawaii.
Keeping the workforce in one location exposes Tax Masters employees to the varying needs of taxpayers in different states. The exposure to taxpayer perspectives across the country enables employees to create more complete solutions based on what they learn from past cases, both in a client’s geographical location and outside it.
With the advent and acceptance of fax, email, and phone conference communications, the need to be face-to-face when negotiating with the IRS has become irrelevant. Tax Masters has perfected the art of dealing with the IRS by phone, mail, and fax. Tax Masters uses its knowledge of the IRS, both its people and its processes, to give clients their best shot at achieving favorable settlements. And even though the main office is located in Houston, Texas, the Tax Masters team is very effective at filing and settling state income tax problems, as well.
In the years since Tax Masters has been in business, the company has represented thousands of clients in front of the IRS and has saved them millions of dollars on delinquent taxes and IRS debt. Tax Masters has a great track record of success.
Clients from some of our more successful cases have expressed a fear of reprisal from the IRS and the US Government. This fear is not unprecedented. The only time in the history of Congressional hearings that persons testifying before committee demanded to have their identities concealed was during the Congressional IRS hearings of the late 1990s. Even though we make every effort to conceal the identity of our clients and we value their privacy and protect it fiercely, we respect their wishes. Because of this, we have chosen to temporarily remove our client testimonials pages. Feel free to browse the Tax Masters Success Stories page.