Recent news for TAXS, NRF, and GCA

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TaxMasters, Inc. (OTC:TAXS), the IRS tax relief company and a leading provider of tax representation services, today announced that through the Offer in Compromise program with the Internal Revenue Services, it has saved clients a total of $704,000 in the first quarter of 2010. TaxMasters clients owe over $770,000 in past due taxes and accrued penalties in the first quarter of 2010 submitting offers in Compromise that were accepted by the IRS. With the accepted offers TaxMaster clients will pay less than 10 percent of the actual tax liabilities owed. Through its knowledgeable staff, TaxMasters was able to settle significant individual and small business tax debts through effective negotiations with the IRS. TaxMasters professionals walk each client through his or her individual case, acting as a liaison between the client and IRS personnel to find financially manageable tax resolutions.

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 services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt.

NorthStar Realty Finance Corp. (NYSE:NRF) recently reported that its Board of Directors has declared a cash dividend of $0.10 per share of common stock, payable with respect to the quarter ended June 30, 2010. The dividend is expected to be paid on Monday August 16, 2010 to shareholders of record as of the close of business on August 6, 2010. The Company's common shares have begun trading ex-dividend on August 4, 2010.

NRF operates as a real estate investment trust in the United States. It invests in real estate debt business, which acquires, originates, and structures debt investments secured primarily by income-producing real estate properties; real estate securities business that invests in commercial real estate debt securities, including commercial mortgage backed securities, REIT unsecured debt, and credit tenant loans; and net lease properties business, which acquires properties that are primarily net leased to corporate tenants.

Global Cash Access Holdings, Inc. (NYSE:GCA), a global provider of innovative cash access solutions and data intelligence for casinos, recently reported that GCA has received unanimous approval from the Nevada Gaming Control Board to begin a product field trial of its new QuikTicket product in Nevada. This approval is a significant milestone towards the ultimate commercialization of this new technology.

QuikTicket was developed by GCA to allow casino patrons to have the choice of receiving either cash or a slot ticket when conducting an ATM transaction. GCA believes that this technology provides increased security for both the casino patron and the gaming operator and that it will also reduce the gaming operator's cash handling expenses. If the casino patron chooses to receive a slot ticket, the ticket can then be used directly in an electronic gaming device or redeemed for cash. QuikTicket also supports GCA's Self Transaction Exclusion Program (STeP), a key element of GCA's responsible gaming initiative that allows patrons to exclude themselves from access to their own funds from any cash access device within GCA's network.

GCA is a leading provider of cash access products and related services to over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean, Central America and Asia. GCA's products and services provide gaming patrons access to cash through a variety of methods, including ATM cash withdrawals, point-of-sale debit card transactions, credit card cash advances, check verification and warranty services, and Western Union money transfers. GCA also provides products and services that improve credit decision-making, automate cashier operations and enhance patron marketing activities for gaming establishments. With its proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide, GCA is recognized for successfully developing and deploying technological innovations that increase client profitability, operational efficiency and customer loyalty.

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Author: Justin
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