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JK Harris airs a national TV ad campaign promising
consumers it can settle consumers' debt with the
IRS for "pennies on the dollar." Eighteen
states sued, claiming the ads are deceptive. In a
settlement J.K. Harris has agreed to stop misleading
consumers about its services and to pay $1.5 million
in restitution.
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entire article
 Eliminating
IRS Tax Debts
Why Tax Bankruptcies are
better than Offers in Compromise to eliminate tax
debts
Does your client owe taxes to the IRS?
If so, you probably think the solution
to your client’s nightmare
is to simply file an Offer in Compromise to reach a settlement with the IRS.
Must be easy, too, because everywhere you look nowadays, someone is touting "Pennies-on-the-Dollar"
settlements for IRS tax debts with "guaranteed results". Surely that's the
way to go, right? But think about it. Does it sound too good to be true? Of course
it does and it usually is.
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entire article
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