Monday, February 6, 2012
JK Harris Tax Resolution Firm Closes its Doors
Consumer Affairs, JK Harris Suspends Operations, Prepares to Liquidate: Tax-Preparation Firm Swamped by Consumer Complaints, Lawsuits:
Tax representation firm JK Harris & Co. has suspended operations, sent its employees home and is reported to be preparing to liquidate its assets.
The firm, the subject of hundreds of complaints to ConsumerAffairs.com over the years, has been in Chapter 11 bankruptcy proceedings since October but has reportedly been unable to raise enough funding to continue operations.
"This is truly the most devastating event I have been forced to deal with in my 58 years on this earth," CEO John K. Harris said in an email to employees as he apparently prepared to file for a Chapter 7 liquidation.
The firm won't be mourned by many of the consumers who turned to it in their time of need.
http://taxprof.typepad.com/taxprof_blog/2012/02/jk-harris.html
Comments
A fool and his money are soon parted. They tapped into one of the strongest human emotions, greed, and worked in the art form of suspension of disbelief.
Pennies on the dollar. lol. 99 pennies are pennies on the dollar.
Posted by: tax guy | Feb 6, 2012 11:16:36 PM
Mr. JK Harris himself is going to really have to prove his his ability to settled for "pennies on the dollar" when the IRS comes after him personally for the unremitted trust fund taxes.
Posted by: Woody | Feb 6, 2012 11:50:26 PM
It's about time. I've been scammed by JK Harris and also by Tax Masters. I invested over $7,000 between the two of these firms and my issues were still not resolved.
I found a website that reviews tax companies. ConsumerTaxReports.org. I'd suggest the site to anyone who is dealing with the IRS or dealing with tax relief scamming company. Its a shame that I didn't find them before I forked over all the money I did.
www.consumertaxreports.org
Mike
Posted by: Michael | Feb 6, 2012 1:01:12 PM