/24-7PressRelease/ - NORTH CHARLESTON, SC, February 03, 2008 - Already struggling to make ends meet, Kenneth Roberts had seen tough financial times. Then he found out he owed over $48,800 in federal taxes and $14,000 in taxes to the State of Georgia. His tension and stress was mounting daily due to the tax debt that was hanging over him.
Roberts tried to fix his tax problems on his own, but soon became frustrated. That's when he turned to JK Harris and Company, LLC, the nation's largest tax resolution company.
Roberts was trying to meet his financial obligations and found himself unable to pay his mounting tax bills. He contracted with JK Harris to assist him in filing for an Offer in Compromise.
An Offer in Compromise is an agreement between the taxpayer and the government that settles a tax liability for payment of less than the full amount owed. The IRS will generally accept an Offer
in Compromise when it is unlikely that the tax liability can be collected in full and the amount offered reasonably reflects collection potential. (http://www.irs.gov/pub/irs-pdf/f656.pdf)
Health problems and an initial denial on the federal Offer in Compromise made the situation tougher on Roberts. JK Harris, however, appealed the IRS' decision and submitted another offer. This time, the IRS accepted it, and Roberts was relieved.
According to the Case Specialist that worked Roberts' case, it took some time and lots of patience, but the results were well worth it in the end.
Roberts was able to save over $43,000 on his federal taxes and over $8,900 that he owed the State of Georgia.
"Many years of nail-biting and tension was finally resolved with the help of JK Harris and my Case Specialist," said Roberts. "What a welcome relief...now I can live without all that tension!"
About JK Harris:
JK Harris & Company, LLC, (www.jkharris.com) based in North Charleston, S.C., is the nation's largest tax resolution firm and has served over 200,000 customers since its founding in 1997 by John K. Harris. JK Harris consultants are available to meet with consumers in over 425 locations nationwide by appointment only. The company also provides services for student loan debt, fee-based financial planning, tax return preparation, and audit representation.
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