J. K. Harris Settles Deceptive Ad Charges
Company took consumers' money, did nothing, states charged

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.

Read 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.

Read entire article