10/8/2010

FTC Announces Major Law Enforcement Action against National Tax Relief Scam

FTC filed a major law enforcement action against a national operation based in Beverly Hills, California, that allegedly bilked consumers out of more than $60 million by falsely claiming it can lower people’s tax debts. The key word is allegedly and the courts will decide this outcome.

Be it necessary to say that any professional who guarantees results in dealing with IRS is either naïve or lying. Think for a minute, how can anyone guarantee an outcome when a 3rd party is involved?

IRS procedures are established to arrange tax liability workouts. Until the procedures are followed and then negotiated, it is not likely that any resolution with IRS will be made.