IBSN Inc

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Category: Business & Finances

Contact Information
United States

ibsntax.com

IBSN Inc Reviews

nirmalkumarks May 25, 2011
Return of overpaid tax payment fees
I have filed tax with IBSN INC for a while now. I filed for 2010 taxes as well with them. Due to some misunderstanding, I had paid 200$ more than the actual amount for the tax preparation fees. Later when I got to know about this one of the customer representative told me that it will be taken care immediately after last of filing (April 15th). But even now (after 45 days) I have got no response from them. Below are the email ids for which I sent several mails :-

[email protected],
[email protected],
[email protected]

None of them have replied to any of my mails till date. Not even a courtesy response about the receipt of mail. I want my refund back. I do not know how professional people working in this company are. But I do not see any professionalism.
Arun85 April 12, 2011
Stay away
IBSN inc took an amount of $1000 (One Thousand Dollars) from me during August, 2007 for preparing my 2005 amended tax retrun documents - according to which they mentioned ithat I wias going to get a tax refund amount of $5000 (Five Thousand Dollars). And so they charged me $1000 based on that anticipated refund amount wit the agreement that in case my claim is rejected by US Tax department, they will keep $100 and refund me the remaining amount of $900. And they sent me the prepared tax refund documents only after I made the full payment of $1000 to them (and I did that because I trusted their words).

However, after about 3 months from the date of submitting the documents to tax department, I came to know that my case has been handed over to the "Taxpayers Advocate" division. And after it was scrutinized by them, they rejected my amended refund claim because of lack of evidence documents. Immediately I contacted IBSN and informed them about the rejection of my claim and also provided them the taxpayer's advocate case number details for my file so as to enable them to verify and confirm about the rejection from their end. After that initially IBSN have been telling me (by email - I have all the email evidences) that they would arrange for the refund after getting the proper approval from their concerend authority. But they never kept their words and since then I have been chasing them and they kept on giving me false promises and it's about 3 years past now and they are still not showing any willingness of refunding my money. They have even stopped responding to my emails and phones. And by doing that, they kept me mentally agonized and harassed since past 3 years - which adversely affected my health condition.

So please help me get my money refunded from them with full interest for the past 3 years. I also want financial compensation for the mental harrassment and agony which they made me to go through for past 3 years which has affected my health. This is nothing but a clear case of "cheat & Fraud" and I deserve and want full justice. So please help me.
Customer-Fed-up-of-IBSN April 5, 2011
Pathetic Response and lack of Accountability
Hi,
Many Indian IT companies have tied up with IBSN as a Tax preparation and filing partner for its employees. I being one of them filed my Taxes with IBSN, ensuring to pay extra for 7 Year Tax representations for any future Audits or Queries.
IBSN files Taxes with Itemized Deductions and charges hefty fees for planning of Itemized Deductions.
Recently there was a North Carolina Audit on my tax filing pertaining to inclusion of various Itemized Deductions. As per the Audit, these Itemized Deductions are not allowed and applicable and i was hence charged additional Tax penalties.
Inspite of response from IBSN, the Auditors proceeded with the Audit, ignoring their comments altogether and finally sent out a notice to me with the Penalty Amount.
There is complete lack of Accountability from IBSN in responding to my Queries inspite of repeated Follow-ups.
It seems their filing of Itemized Deduction is completely illegal and are keeping the Customer, out of loop on this illegality.
Its almost 2 weeks that i have been following up with them about the request for my Notice and with n number of emails, but neither their phones are reachable, nor are people responsive.
As my Itemized Deductions are excluded, i am eligible to claim the Itemized Deduction planning fee from IBSN. This is no way near in sight as this people are not responsive altogether.
I am really fed up with these Tax Service Provider and calling everyone facing this difficulty to come join hands and plan out a roadmap for Class Action Lawsuit.
NitinKhobragade February 25, 2011
EXCESS FEE NOT REFUNDED
IBSN is surely not trust worthy . Their response is very poor after getting the money. I paid $300 on the 1st week of Feb to IBSN and till now my taxes has not filed.

I was given a good refund estimate by IBSN and was asked $300 to get the PDF from them. After paying $300 IBSN sent me the PDF but the PDF was estimated in a wrong way. I had asked them to correct it and they long took time to correct it. After getting the revised PDF I found that estimates are now gone down and also it was mentioned in the PDF that the customer has evidence to support the itemized deduction. The IBSN never asked me whether or not I have the written evidence to support the itemized deduction. On talking to IBSN associate, he said that IBSN will take care of any query/issue in case an IRS ask for the evidence and I can file the itemized deduction by having trust on IBSN. I asked IBSN associate to drop me an email mentioning that IBSN will take care of any issue if any query comes but then now IBSN is denying to give any written assurance.

Since IBSN is not giving any written assurance, I have then decided to go for Standard deduction. I don't think it requires $300 to file standard deduction. The other companies (like turbotax) are asking only $40 for filing standard deduction. I have asked IBSN to take $40 to file my standard deduction but return my remaining money ($260) but I see no response from a long time. I have even escalated the matter but no respose. This is too ridiculous.

You guys are cheating with your customers. It been almost a month now that I paid money and my taxes are not even filed and you are not even returning my money!!!


Shame on IBSN.


Regards,
Nitin Khobragade
ibsn scam January 22, 2011
The bigest fraud company
I WOULD LIKE TO INTRODUCE MY SELF AS A LOOSER
IBSN firm fingered in massive fraud MAIN PERSON IS MR LAKSHMI PALAYPU AND HIS CLOSE FRIEND MR RAMESH KRISHNAN AND LAKSHMI WIFE GEETA DARBA. THEY ARE WHITE COLLER CRIMINALS.
HELLO ALL U.S FRIENDS AND COMPLAINTS BOARD LOVERS I WOULD LIKE TO NOTICE YOU THAT MR LAKSHMI PALAYPU IS HAVING OWN SETUP IN HYDERABAD INDIA NEARLY HE COLLECTED 6CRORE RUPEES FROM NEARLY 50 OUT SIDE INVESTORS.HE TOLD THAT HE WILL GIVE DOUBLE AMOUNT IN ONE YEAR I AM ALSO VICTIM IN THIS. AFTER ONE YEAR HE ESCAPE FROM INVESTORS AND HE KEEP CHANGING HIS COMPANY FROM ONE PLACE TO OTHER PLACE HE IS ALSO NOT PAYING RENT TO THAT OFFICE SPACE HE IS A GREENCARD HOLDER HE DONT COME TO INDIA EVERY INVESTOR IS SUFFERING BECOZ OF MR LAKSHMI PALAYPU AND RAMESHKRISHNAN.SO MANY TIMES RAMESH KRISHNAN KICKED BY INVESTORS BUT THEY DONT HAVE SENSE THEY ARE TAKING EASYLY NOW THEY CHANGED COMPANY TO CHENNAI WE DONT KNOW THE ADDRESS OF THE COMPANY THEY ARE WORKING IN BATHROOMS BUSTED S.EVERY INVESTOR IS PRAYING GOD TO GET MONEY.REMEMBER MR LAKSHMI PALAYPU AND RAMESH KRISHNAN WHAT EVER U DONE THIS WILL EFFECT TO YOUR KIDS ITS ALL INVESTORS BLESSINGS.YOU PEOPLE REALISE AND DO EVERYTHING FAVOUR TO INVESTORS OTHERWISE YOUR LIFES ARE MISERABLE.
rod_mart October 24, 2010
Never file through IBSN again
IBSN has not refunded the tax preparation fees that I had paid them. Its been 7 months now and I have tried every possible way to communicating with them. Based on an initial estimation of my tax refund, I paid them a fee and after I got the detailed statement I found a number of issues with the initial estimation and the final refund was much lower. They were to refund the difference in fees of more than $200 but they have never paid it back in spite of repeated follow up with them.

These guys are complete cheats and and i would like to advise everyone to stay away from them as far as possible.

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