Stock To Watch: TaxMasters, Inc. TAXS


When people were informed that G.O.P candidate Mitt Romney’s federal income tax rate was close to 15%, immediately they gasped wondering how his can be so low while their own rate was higher. The fact that is top marginal rate is 35 percent whereas married couple with $70,000 of taxable income is 25 percent. Hence why more than 60% of Americans have professionals do their tax returns because the tax code can be so complicated.

Having been employed as a C.P.A. in Florida for many years, I can attest that revenue is seasonal to say the least. In the office before the sun rises, curtailed lunches normally at your desk and commuting home with little or no traffic since rush hour ended hours before you have had a chance to leave the office. It comes to no surprise why a penny stock, in the industry of filing taxes and assisting both individuals and corporations of various sizes, is in the headlines now.

TaxMasters, Inc. (OTC PINK: TAXS)

TaxMasters, Inc. is a countrywide provider of tax consulting services which include a complete suite of compliance and repayment services. TaxMasters decided to “strike while the iron is hot” and launched an initiative to optimize the internet marketing campaigns of its tax services nationwide. TaxMasters currently has clients across the U.S. and the their internet marketing strategy consists of pay-per-click advertising that is geographically targeted. TaxMasters, as of now, is launching a full marketing assult to optimize its internet advertising budget by examining in which cities and states it is receiving the maximum revenue dollars per customer and performing other similar analysis. Once TaxMasters shifts its ad-dollars accordingly to more heavily target geographic areas where demand is highest, revenue will be maximized.

Servicing the growing needs of tax filing and consulting for hundreds of millions of U.S. taxpayers, TaxMasters, Inc. is the first publicly traded tax representation firm in the U.S. TaxMasters, started by Patrick R. Cox in 2001, has been featured numerous times on Fox Business channel, CNBC, and a number of nationwide news channels in interviews detailing the services provided to taxpayers across the country facing seemingly insurmountable tax problems and substantial federal tax debt.

Tax services provided by TaxMasters include IRS consultations, tax return preparation, settlement analysis, assistance with IRS automated collections, revenue officer involvement and collection due process. Understanding the industry quite well and having been a tax preparer prior to Windows launch of Windows 95, a typical tax return can take about the same time it would to change the oil in your car. As easy as it may be, its Latin to most which is why the seasonal revenue for TaxMasters with their optimization of advertisement could prove beneficial for both customers and penny stock traders.

Based in Houston, Texas, TaxMasters’s stock is traded under the symbol TAXS on the PINK SHEETS Exchange and has 306 listed full time employees.


Company Snapshot:

Trading Symbol: OTC PINK: TAXS
Last Price: $1.18
Volume (Jan. 19, 2012): 1,053,310
Avg Vol (3 month): 6,145
Avg Vol (10 day): 18,071
Market Cap: 26.73M
Enterprise Value: 26.95M
EBITDA (ttm)6: -1.58M
Total Cash (mrq): $1.46M
Shares Outstanding: 140.70 million shares
Float: 11.86 million shares
Contact Information: 900 Town & Country Lane
Suite 400
Houston, TX 77024
Investor/Analyst inquiries: DeWayne Logan
Profitability Margin (ttm) -5.93%
Operating Margin (ttm): -5.19%
Return On Assets (ttm): -8.01%
Revenue (ttm): 45.52M
Revenue Per Share (ttm): 0.24
Qtrly Revenue Growth (yoy): 13.90%
Operating Cash Flow (ttm): -$1.11M
Levered Free Cash Flow(ttm): -$886.20K


TaxMasters, Inc. (OTC PINK: TAXS) opening price in the stock market today was $0.16. Closing price in the stock market today was $0.19, up 18.75%.

About strives to provide you with the hottest stock alerts in the market in Real-Time. We focus on stocks that trade for $5 per share or less, some as little as a few pennies with upside potential. Our goal is committed to producing and publishing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions and to inform you of the best stocks in the market before they move. Our focus is primarily on OTC stocks in the stock market today which have traditionally been ignored by Wall Street.

We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.

Aim High Profits Disclaimer

This is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. is a wholly-owned subsidiary of Kelevra Media Innovation.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

For a complete explanation, please visit our disclaimer page.

Last updated by at .

  Recent Penny Stock News