JK Harris No Longer Smiling
Joining American Tax Relief and Roni Deutch in the pit of financial and criminal scandal, JK Harris & Co. filed for bankruptcy and suspended all operations last week, preparing for the possible liquidation of the firm’s assets. First, the FTC shut down American Tax Relief, then the California Attorney General sued Roni Deutch for cheating innocent American taxpayers, and now JK Harris is going out of business. As a representative of the very best of the tax resolution services industry, the Tax Resolution Institute is happy to see the house being cleaned. We are tired of our necessary and important industry being maligned and dominated by criminals and scam artists. It is time for the cream to rise to the top, and Americans to know that when they hire a Tax Resolution professional, their tax problems will be handled honestly and effectively.
Although company founder and Chief Executive Officer John K. Harris had been attempting to restructure and possibly sell the business and two affiliates under Chapter 11 bankruptcy protection since October, the history of scandal and scams kept al potential buyers far away. Employees were told in an email last week that they could return to their offices to pack up their personal belongings. “This is truly the most devastating event I have been forced to deal with in my 58 years on this earth,” Harris said in the distraught email. “I am not sure it will reach that level for all of you, but I know that for some of you it will be as personally devastating.” The next step for JK Harris & Co. is expected to take place today on January 10 in a bankruptcy court hearing, where the company will ask a judge to appoint a trustee.
Cleaning House Of Greedy Tax Resolution Companies
JK Harris & Co. once advertised that it could resolve people’s tax debts for “pennies on the dollar,” but the nationwide firm was dogged by cash-flow problems and the cost of large settlements related to multiple claims that it misled consumers. In case after case, attorneys general complained that the company told consumers it could resolve their tax problems, and took their payments, when no such relief was possible for those particular clients. More than 5,000 customers who had hired the company to try to resolve their federal and state delinquent tax debts are left in the lurch by the shutdown. If you have a serious tax problem and you feel abandoned by JK Harris, contact the Tax Resolution Institute today for a free consultation. Our goal is to provide you with effective and legitimate tax relief and viable tax debt solutions.
