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August 26, 2009

TaxMasters, Inc. Gives $5K More to USA Archery


Houston, Texas (August 20, 2009) - TaxMasters, Inc., a publicly traded firm (TAXS) that provides IRS tax relief to American taxpayers, is pleased with the performance of driver Tony Rivera and the Brass Monkey Racing team in their success with the SCCA SPEED World Challenge GT racing series. That excitement turned to celebration for the second time this season on Sunday, Aug. 16. Rivera took the #97 TaxMasters Porsche out to an early lead and never looked back, winning the Road America Grand Prix Presented by StopTech by more than seven seconds. This is Rivera's second win on the season and his fourth trip to the podium. As with all podium finishes this season, every time Rivera places in the top three, TaxMasters contributes an additional $5,000 to USA Archery Olympic hopefuls.


When the green waved on Sunday morning, all the cars launched into action except one... the pole-sitting No. 14 Global Motorsports Group Porsche piloted by James Sofronas. Starting in third position directly behind Sofronas, Rivera narrowly missed the immobile No. 14 Porsche on the start. Rivera made a pass on then first place Kuno Wittmer late in the first lap and won the 19-lap, 76.911-mile race by 7.268 seconds. En route to victory at the 14-turn, four-mile course, Rivera set the D�baufr� Fastest Lap of the Race for the second time in as many races.


Rivera's win adds another $5,000 to USA Archery, a pledge from sponsor TaxMasters, Inc. for every podium finish on the season. With his four podium finishes, Rivera and the Brass Monkey Racing team are responsible for TaxMasters adding $20,000 to its base contribution in early 2009. The money goes to the Resident Athlete and Jr. Dream Team programs at the Arco Olympic Training Center in Chula Vista, Calif., where USA Archery Olympic hopefuls train in anticipation of qualifying for the 2012 Olympic Games in London.


TaxMasters, Inc. is a tax resolution firm that assists American taxpayers with tax problems.


Any forward-looking statements, as defined in the Securities Exchange Act of 1934, in this announcement 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


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