Its tax time and there are those who want to take advantage of consumers who are searching for relief from tax debts. On February 5th, the Federal Trade Commission (FTC) issued a press release citing actions taken against American Tax Relief (ATR) and its owners. According to the FTC, the owners of ATR allegedly received more than $100 million dollars from consumers by “falsely claiming they could reduce their tax debts.” The courts are currently pursuing $15 million in assets from the owners however if it is determined that they misrepresented their financial circumstances the entire settlement of $103.3 million will become due according to the press release. Please see the FTC press release and the BBB review for American Tax Relief.
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