TaxMasters, Inc.(fka TAXSQ)

[Renee]

TAXSQ CUSIP suspended. FINRA deleted symbol:

http://otce.finra.org/DailyList

[koldkash]

TAXSQ .002 2.3 mil float???

[AntiMarketMaker]

SEC need to stop trading, or let the stock go SHELL

[Value_Investor]

Another new 52-week low 0.0011 was created today! When will the firm
cancel the stock? The current MV is still high! More new lows come!

[AntiMarketMaker]

The BS is over, my friend lol The company lost the case!

[AntiMarketMaker]

Down for the three count! The best shorting ever! weeeeeeeee

http://money.cnn.com/2012/03/30/news/companies/taxmasters-fraud/index.htm?iid=Popular&hpt=hp_t3

[Value_Investor]

New 52-week low 0.005 was created today! When will be all the shares canceled? The current MV is ridiculous high! So more new lows come!!

[smalltimetrader]

13:16 3/20/2012 TAXS TAXSQ TaxMasters, Inc. Common Stock **

[tiger_rawrrr]

Oh hell I didn't even see the news:
http://finance.yahoo.com/news/TaxMasters-Announces-pz-2439331140.html?x=0

It looks like a pump may be on.

[tiger_rawrrr]

All I know is I've seen their commercials on TV, they are in Houston, and their crappy stock had the highest volume today that I could see in history...and it closed up...so I bought some. I'm betting it gets pumped up from here. It's gotta break .20 though.

[totallywhipped]

Should someone stubble in here Hi and do you know anything about the company and it mgt team?

[totallywhipped]

Hm, an awful lot of activity in the stock and not a single post

[jaytrader5]

Ouch, extremely negative press surrounding Attorney General's investigation of specific cases. See ABS News...

[jaytrader5]

It's tax season! Should be seeing more volume~!

[jaytrader5]

L2

MMID Bid Price Shares Date/Time (EST)
NITE 0.225 5,000 Jan 25, 2011
UBSS 0.20 5,000 9:30:06 AM
HDSN 0.08 5,000 Jul 27, 2010
VFIN 0.05 5,000 Jun 4, 2010
DOMS 0.05 5,000 Dec 17, 2010
STXG 0.01 5,000 Oct 22, 2010
PERT 0.0001 5,000 Dec 1, 2010
ETMM 0.0001 5,000 Dec 13, 2010
AUTO Unpriced 9:30:59 AM
cJPMS Unpriced Aug 12, 2009

MMID Ask Price Shares Date/Time (EST)
NITE 0.38 5,000 Jan 28, 2011
HDSN 0.56 2,500 Oct 5, 2010
UBSS 0.69 2,500 9:30:06 AM
PERT 10.01 200 Dec 1, 2010
ETMM 100.36 100 Dec 30, 2010
VFIN 2,000.00 5 May 4, 2010
DOMS 2,000.00 5 Dec 27, 2010
STXG Unpriced Apr 7, 2010
AUTO Unpriced 9:30:59 AM
cJPMS Unpriced Aug 12, 2009

[jaytrader5]

I know it doesn't trade much volume, the spreads an easy play for a few bucks...

Market Value $53,466,039.9 a/o Jan 28, 2011
Shares Outstanding 140,700,105 a/o Aug 18, 2010
Float 2,586,489 a/o Nov 19, 2009
Authorized Shares 1,000,000,000 a/o Nov 19, 2009

[jaytrader5]

Really interesting to me this doesn't get very much attention

[jaytrader5]

SNL Clip

http://www.hulu.com/watch/184585/saturday-night-live-tax-masters

[jaytrader5]

Dang things looking nice overhere for the day!

[HDOGTX]

TAXS News Revenue up 24.6 Percent Despite Economy and Seasonal Slowdown

TaxMasters, Inc. Announces Fiscal 2010 Second Quarter Financial Results
Revenue up 24.6 Percent Despite Economy and Seasonal Slowdown

HOUSTON—September 10, 2010— TaxMasters, Inc. (OTC Bulletin Board: TAXS), the IRS tax relief company and a leading provider of tax representation services, today announced the company’s financial results for the second quarter ended June 30, 2010. Despite a troubled economy and a post-tax season slowdown during the second quarter of 2010, TaxMasters saw increased revenue to the tune of 24.6% on the quarter with a year-to-date increase in revenue of 38.8%.

For the second quarter of 2010, TaxMasters revenue increased $2.2 million, or 24.6%, to approximately $11.1 million, from approximately $8.9 million for the second quarter of fiscal 2009. Total operating expenses for the quarter were approximately $13.3 million, an increase of $4.1 million, or 44.6%, from approximately $9.2 million for the same period in 2009.

For the second quarter of 2010, the Company reported a net loss of approximately $1.4 million, versus a net loss of approximately $349,000 for the second quarter of fiscal 2009. The increase in net loss of approximately $1.1 million was mainly due to the increase in operating expenses.

For the six months ended June 30, 2010, revenue increased approximately $6.3 million, or 38.8%, to approximately $22.4 million, up from approximately $16.1 million for the same period in 2009. For the first six months of 2010, total operating expenses increased approximately $7.9 million, or 51.5%, to approximately $23.1 million compared to $15.2 million for the same period in 2009.

For the six months ended June 30, 2010, TaxMasters reported a net loss of approximately $465,000 compared to a net income of approximately $867,000 for the same six month period in 2009. The decrease in net income of approximately $1.3 million is mainly due to the increase in operation expenses.

Patrick Cox, President and Chairman of TaxMasters, Inc., said, “With a down economy and the post-tax season slowdown, we are excited about a 24.6% revenue increase for the second quarter. The IRS continues to send notices to delinquent taxpayers and we continue to provide compliance, filing, and settlement services vital to re-introducing taxpayers into the US taxing system. TaxMasters is well positioned to assist the growing number of taxpayers who need help regaining compliance with the IRS.”

In conjunction with this release, an audio review of financial results of the quarter ended June 30, 2010 will be posted to the TaxMasters investors website (http://investors.txmstr.com). The review will be available for download and review on September 16, 2010.




--------------------------------------------------------------------------------


About TaxMasters, Inc.

TaxMasters, Inc. (OTCBB: TAXS), the IRS tax relief company, is the first publicly traded tax representation firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers a full suite of services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Tax services from TaxMasters include IRS consultations, tax return preparation, settlement analysis, and assistance with IRS automated collections, Revenue Officer involvement and collection due process.

Employing over 300 people, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax problems today.

Forward-Looking Statements

Any forward-looking statements, as defined in the Securities Exchange Act of 1934, in this release (often identified by such words as "believes," "expects," "beginning," "intended," "planned") regarding future expectations, objectives, and plans for TaxMasters, Inc. are based on opinions and estimates of management at the time the statement was made. Various known and unknown factors may cause actual results to be materially different from the expected outcomes. TaxMasters, Inc. does not, as a matter of policy, update or revise forward-looking statements. Actual results may vary materially.

Investors/Media:

Suzanne McGee
[phone]

[hotlansky]

taxs didnt move today. charts show share prices have been pretty steady recently! possible breakout??

[Flatrader88]

Going to put taxs on my watch list

[hotlansky]

TAXS' share price closed out above opening at $.74. seems like a good sign!

[Market Mayhem]

Stock has been doing pretty well, nice to see the movement!

[Market Mayhem]

TaxMasters, Inc. Recipient of 2010 Pro Patria Award


Interesting read, check it.




HOUSTON, March 29 /PRNewswire-FirstCall/ -- Employer Support of the Guard and Reserve (ESGR) awarded TaxMasters, Inc. (OTC Bulletin Board:TAXS.ob - News), the IRS tax relief company, with a Pro Patria Award on Thursday, March 25, 2010. Mr. Cox and Vice President of Sales Alex Clamon attended the ESGR Awards Banquet in Austin, Texas, as part of the National Guard Association of Texas Annual Conference.

Already recognized as a Patriotic Employer by ESGR, TaxMasters was one of six public and private companies in Texas chosen for a Pro Patria Award in 2010. Each ESGR Committee presents this award annually to employers in their state or territory who have exercised leadership and implemented exceptional personnel policies that accommodate employees who serve in the National Guard and Reserve.

"This award is special to us at TaxMasters," said Mr. Cox. "Thousands of volunteer citizen soldiers from all over the United States are being called on to serve their country overseas and at home during natural disasters. I see it is our obligation to make short- and long-term deployment as easy as possible on the Reservists, the Guardsmen, and their families back home. Though it's a small sacrifice compared to that of our service members and their families, it is essential in helping them serve their country."

Mr. Cox continued, "In particular, I want to recognize and thank Major Fred Hackett, TaxMasters' General Counsel for 3 years, who is currently deployed in Iraq with the 36th Infantry Division Sustainment Brigade. He's a close friend and we look forward to seeing him back home sometime this summer."

TaxMasters was also recently nominated for the Secretary of Defense Employer Support Freedom Award. This award is the highest recognition given by the U.S. Government to employers for their support of employees who serve in the National Guard and Reserve. Semi-finalists and finalists will be announced over the summer at www.freedomaward.mil and recipients will be recognized in September 2010.



Moving forward

[Market Mayhem]

Stock up almost 6%!! Exciting logging in every morning and seeing them do so well. Strong company, obvious buy imo. Should check out there homepage if you h haven't already, lots of interesting information.

[Market Mayhem]

Stock is up today also, and already over the average. This stock looks better and better every day. Now to get the range down, and we are all set!

[Market Mayhem]

Wow, something big must be going on - the stock is way up. Found this release on the yahoo boards, check it out.


HOUSTON, March 22 /PRNewswire-FirstCall/ -- The IRS recently announced several steps it plans to take this tax season to help accommodate taxpayers having difficulty meeting their tax obligations because of unemployment or financial problems. The steps are meant to help the large number of taxpayers impacted by the economic decline facing having to pay looming tax bills.

With the tax deadline less than a month away, IRS Commissioner Doug Shulman announced that he has extended more flexibility to IRS agents in considering tax settlements. In particular, IRS employees will be permitted to consider a taxpayer's current income and potential for future income when negotiating an offer in compromise. Normally, the standard practice is to judge an offer amount on a taxpayer's earnings in prior years, which can be misleading when unemployment or financial hardship occur. This new step provides greater flexibility when IRS employees consider offers in compromise from the unemployed.

"This could mark a significant shift in the way the IRS handles tax debt, particularly tax debt brought about by unemployment in a down economy," said Patrick Cox, Founder, President and Board Chairman of TaxMasters, Inc. "In an environment where our client base continues to grow, Shulman's directive to the IRS could mean more offers in compromise being accepted and more taxpayers being eligible to participate in the settlement program. We're very excited about what this announcement means to the U.S. taxpayer and TaxMasters' client base."

But, some are wary of IRS promises. As Eileen Ambrose reported this week in The Baltimore Sun, "Some doubt just how generous the IRS will be. The agency made similar promises to be more flexible last year." Last year's enforcement actions saw the number of IRS liens increase by 26 percent and the number of rejected offers in compromise stay near the 80 percent range, leading to doubts as to the sincerity of the IRS and Commissioner Shulman.

If the IRS follows through with Commissioner Shulman's directive to relax its income requirement to qualify for an offer in compromise, it could significantly increase the number of accepted settlement offers in 2010 and beyond. "It's a big shift," Shulman is quoted as saying "This will allow thousands more in the [offer in compromise] program."

When asked about whether he expects the IRS to follow Shulman's direction, Mr. Cox said, "I certainly hope that will be the case. Regardless, TaxMasters will continue to use proven methods for helping people regain compliance with the IRS and find affordable ways to pay their tax debts. Commissioner Shulman is facing some significant collections issues, evidenced by our growth rate at TaxMasters. He is clearly trying to extend the offer in compromise to more people in an effort to collect revenue owed to the IRS. "

Cox continued, "At the same time, it's important to understand that there are more options than the offer in compromise to help taxpayers with IRS problems. TaxMasters excels at guiding our clients through this process while helping them pay only what they owe, avoiding unnecessary penalties and interest."

"We applaud Commissioner Shulman's leadership on behalf of the taxpayer and will do all we can to make sure TaxMasters' clients benefit from the relaxed income requirements for offers in compromise," said Cox.

Good news for Tax payers, good news for TaxMasters - now lets hope the stock keeps moving!

[Market Mayhem]

Was browsing the TM website and I found a Testimonials page.

http://www.txmstr.com/taxmasters/clientreviews.php

The amount of money some people have saved with these guys is pretty crazy.

A bit random, but I thought it was interesting. Think those are new ones up there also. Cool to see positive feedback from people.

[Market Mayhem]

It went great. I was surprised how much they do/care about there customer service. Cox has been pushing this company forward at a great pace. Its a strong buy right now IMO, and will only get better as the company grows. They have really only shown growth since i have been invested, including buying up new space, which is obviously a good sign.

[decouverte d Elbe]

Any results you gathered that you like to share? I'm taking a new look here..

[Market Mayhem]

"TaxMasters to Hold Call for Investors February 25"

HOUSTON, Feb. 23 /PRNewswire-FirstCall/ -- TaxMasters, Inc. (OTC Bulletin Board: TAXS), the IRS tax relief company, today announced that its Founder, President and Board Chairman Patrick Cox will hold a call for investors this Thursday, February 25. The call will begin at 4:01pm EST and is scheduled to last for one hour. The call is open to all current and potential investors.

"Our attention to customer service sets us apart in our industry. Our revenue continues to trend upward and our client list is expanding. While that is good news to us," says Mr. Cox, "we want to make sure we are addressing any issues that concern investors."

TaxMasters invites investors and potential investors to send questions or topics they want discussed during the call to [e-mail]. TaxMasters will accept emails at this address until 5:00pm EST on Wednesday, February 24.

The call will take place on Thursday, February 25 at 4:01pm EST. To participate, call 1-877-669-3239 and enter the pass code 808 881 150. A link to the recorded audio will be posted on the TaxMasters website (www.txmstr.com) shortly after the call concludes.

Exciting news! Stepping up to the plate is a good thing. I like this move.

[Market Mayhem]

Morning to you also, now lets get some movement here!

[GuruTrader]

Good Morning TAXS Board

[Market Mayhem]

Things are looking good. 107k sq foot building shows big growth. The graphs pretty much speak for themselves. Progressively getting better and better, motivated ceo. I like the way this stock is looking right now, good stuff IMO

[decouverte d Elbe]

Trading in the right zone now--looks like a nice buy ..

[GuruTrader]

Good Morning TAXS Board!!!

[GuruTrader]

TaxMasters Begins Move to New 107,000 Square Foot Facility in Houston

Expanded office space to house corporate headquarters and operations; room for continued business growth

HOUSTON, Feb 09, 2010 /PRNewswire via COMTEX/ -- TaxMasters, Inc. (OTC Bulletin Board: TAXS), the IRS tax relief company, today announced that the company has completed the initial phase of moving to its new corporate headquarters. The six-story, 107,000 sq. ft. facility, located at 2020 Dairy Ashford, in Houston, TX, currently houses all TaxMasters' operations staff, including TaxMasters' tax preparers, financial analysts, enrolled agents, resolution experts, case managers and client service representatives. Plans are to move the remaining company employees, including tax consultants, quality control staff and corporate management, into the new facility as soon as construction is finalized.

Coming off of a record year of growth for the company in new customers and revenue, TaxMasters secured expanded space in the fourth quarter of 2009 to house its growing staff and projected growth in 2010. The company reported an increase of 53% in its headcount in 2009, creating 107 new jobs in total in 2009.

"We were pleased with our overall growth in 2009 and realized early on we would need to find headquarters that could meet our current needs, while offering room for expansion," says TaxMasters' Founder, President and Board Chairman Patrick Cox. "We expect to grow in revenue and size throughout 2010, as we continue to see strong demand for tax relief services nationwide. As the only publicly traded tax relief firm in the United States, TaxMasters offers clients a level of service that can be tough to find in our industry. All indications are that we can look forward to continued growth in the coming quarters."

TaxMasters' new corporate headquarters, with over 100,000 square feet, will easily house the 300 plus employees currently working for the Houston, TX based company, and provides room to grow with accommodations for as many as 650 employees. The company has a five-year lease on the building, and expects to need additional space due to business growth well before the end of the lease in 2014. Because of this anticipated growth, the contract includes right of first refusal to lease space in an adjacent office building of the same size.

"As we continue to meet demand in 2010, we'll look to add additional staff to service increased case load," continues Cox. "These positions include case managers, tax preparers, and client service professionals."

About TaxMasters, Inc.

TaxMasters, Inc. (OTC Bulletin Board: TAXS), the IRS tax relief company, is the first publicly traded tax resolution firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt.

Employing over 300 people, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax problems today.

For more information about TaxMasters, Inc. and its commitment to help taxpayers in the United States solve tax problems, please visit www.txmstr.com.

Follow TaxMasters on Twitter at http://twitter.com/gotaxmasters.

Forward-Looking Statements

Any forward-looking statements, as defined in the Securities Exchange Act of 1934, in this release (often identified by such words as "believes," "expects," "beginning," "intended," "planned") regarding future expectations, objectives, and plans for TaxMasters, Inc. are based on opinions and estimates of management at the time the statement was made. Various known and unknown factors may cause actual results to be materially different from the expected outcomes. TaxMasters, Inc. does not, as a matter of policy, update or revise forward-looking statements. Actual results may vary materially.


Investors/Media:
Gregory FCA Communications
Paul Johnson
610.228.2113
[e-mail]

Company:
TaxMasters, Inc., Houston
DeWayne Logan
281.497.4226 x7000

[Market Mayhem]

Just need some decent news to get it off. Closest ask/bid I have seen in awhile. The stock looks good.

[CHI11man]

these guys know there business

[Market Mayhem]

Lets get some movement this week. No new news, aside from some tax tip thing they released .

http://finance.yahoo.com/news/TaxMasters-Shares-Tips-for-prnews-3802572547.html?x=0&.v=1

Rally time

[Market Mayhem]

Same, time to start doing my own taxes. lol

[CHI11man]

just got my tax return, going to be about time to see some action here.

[CHI11man]

like to see some volume here as soon as people start thinking TAXS. this will really boom!

[Market Mayhem]

I agree. If the company wasn't so new in the grand scheme of things, this stock would be flying given the company's numbers. Strong buy regardless, just need some good news to help it take off IMO. Their grown it amazing, the president is a serious guy and pushes his company accordingly.


When the stock takes off look out.

[CHI11man]

gotta hit that dollar sooner or later, hopefully sooner

[Market Mayhem]

Still going strong. happy to see the movement. Lets hope it keeps moving!

[CHI11man]

seemed to have caused a nice little jump in the right direction, lets keep this positive movement!

[Market Mayhem]

Ask and you shall receive! News Release from TM out this morning. Id venture a guess that they might have some movement today. Great news none the less.

'HOUSTON, Jan. 12 /PRNewswire/ -- TaxMasters, Inc. (OTC Bulletin Board: TAXS), the IRS tax relief company, today announced an increase in operational efficiency across the company's operations and customer relationship management (CRM). The changes include an up to 50% improvement in customer response and case completion time, and a decrease in operational costs.

These improvements are the result of a strategic review TaxMasters undertook in April, 2009, to increase productivity, improve customer service, and better address rising demand for its services.

"The P3 initiative was extremely important from a strategic and operational standpoint for TaxMasters," said TaxMasters' Founder, President and Board Chairman Patrick Cox. "As we continue to see significant increases in demand for our tax relief services, and corresponding growth in our customer base, it is essential that we evolve our operations and CRM to maximize efficiency and customer service. Demand effectively dictated a need for increased standardization and automation in our processes."

The evaluation system, know as P3, or Processes, Procedures, and Policies, identified areas of opportunity to improve efficiency. This included standardization, automation and the elimination of redundant processes.

"The changes made as a result of the P3 process allow TaxMasters to grow with the market demand, ensure maximum productivity, and provide the best possible experience for our customers," Mr. Cox continued. "They are also consistent with our stated commitment to sustainable growth, increased shareholder value, and prudent use of capital while reducing unnecessary costs."

The recommendations that resulted from the P3 initiative were tested in the second quarter of 2009, put into place in the third quarter of 2009, and implementation was completed at the end of the fourth quarter of 2009. The changes include an automated customer routing process to connect specific case types with the proper case manager, a fast track response process for less complex customer cases, controls to ensure accountability and follow-up, and a proprietary software system to help automate and manage the changes.

Mr. Cox concluded, "Every TaxMasters team member had a role in the P3 initiative and the subsequent improvements, and I'd like to recognize them for their efforts. These changes will allow TaxMasters to help even more tax payers find tax relief in 2010 and the years to come."

About TaxMasters, Inc.

TaxMasters, Inc. (OTCBB: TAXS), the IRS tax relief company, is the first publicly traded tax resolution firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt.

Employing over 300 tax resolution experts, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax issues today.

For more information about TaxMasters, Inc. and its commitment to help taxpayers in the United States solve tax problems, please visit www.txmstr.com.

Follow TaxMasters on Twitter at http://twitter.com/gotaxmasters.'

Pretty good sign when you need to increase your efficacy 50% across the board due to good sales. Glad to finnaly see some awsome news.

[CHI11man]

would like to see some movement here real soon.