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Released: October 07, 2010
F.T.C. accuses tax relief company of empty promises
Source: Edward Wyatt, N.Y.Times (Free Registration)
Who wouldn’t like to settle with the Internal Revenue Service for pennies on the dollar? In recent years, some 20,000 people have turned to American Tax Relief of Beverly Hills, Calif., to do just that after seeing the company’s advertisements on television, the Internet or in print, where actors portraying clients say the company reduced their back taxes to say, $2,000 from $24,000 or $40,000 from $200,000.
But the Federal Trade Commission said Wednesday that despite collecting $60 million to $100 million in upfront fees from often-desperate clients in recent years, American Tax Relief rarely, if ever, delivered on its promises.
Read Full Article: F.T.C. accuses tax relief company of empty promises
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