GOOSE CREEK, SC, August 27, 2011 (Press-News.org) Owing back taxes is a stressful event. It takes a toll on health, bank accounts and marriages. Luckily Randy and Ethel Fay Thieme of Titusville, Pennsylvania, sought help dealing with their back tax debt.
The Thiemes' tax problems started with not having enough taxes withheld from their business income. Not filing their federal tax returns on time contributed to the problem. They were uncertain of how to fix their tax problem when they turned to JK Harris & Company, the nation's largest tax representation firm.
According to the IRS, the Thiemes owed approximately $22,000 based on substitute returns the IRS filed for them. When the couple came to JK Harris, it was discovered they had missed filing some tax years as well for Mr. Thieme's sole proprietorship and they actually owed more than the IRS claimed.
"Once we filed their tax returns, the substitute returns filed by the IRS were dropped, but the Thiemes still owed back taxes," said Lauren Lindsay, Senior Account Manager on the Thiemes' case. "The clients were very easy to work with and Mrs. Thiemes worked closely with us to provide us all of the documents we need. She took charge of the situation and kept me in the loop with any concerns or questions she had."
The Thiemes were hit hard by current economic conditions and their expenses were greater than the income the business was bringing in. This made the couple excellent candidates for the IRS' offer in compromise program.
The IRS' offer in compromise program is designed to help taxpayers that do not and will not have in the foreseeable future, the income, assets or means to pay their tax liability in full.
The IRS accepted an offer in compromise from the Thiemes for $2,200.
"We are very pleased on how you guys handled our case," said Randy Thieme. "It took a lot of the stress out of our lives and marriage. Now I don't have to worry about the IRS...thank you very much."
About JK Harris:
JK Harris & Company, LLC, (www.jkharris.com) based in Goose Creek, S.C., is the nation's largest tax representation firm and has served over 250,000 customers since its founding in 1997 by John K. Harris. JK Harris consultants are available to meet with consumers in over 325 locations nationwide by appointment only. The company also provides services for tax return preparation and audit representation.
JK Harris Helps Pennsylvania Couples Save Nearly $30,000 With Offer In Compromise
Pennsylvania turns to JK Harris for help when IRS notice informs them they owe large tax liability to the IRS. JK Harris & Company helps them apply for an offer in compromise to help negotiate their tax debt down to a more affordable size.
2011-08-27
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[Press-News.org] JK Harris Helps Pennsylvania Couples Save Nearly $30,000 With Offer In CompromisePennsylvania turns to JK Harris for help when IRS notice informs them they owe large tax liability to the IRS. JK Harris & Company helps them apply for an offer in compromise to help negotiate their tax debt down to a more affordable size.