JK Harris Goes Out of Business
Back in October, the largest tax resolution company in America, JK Harris, filed for bankruptcy under Chapter 11, which would have allowed them to continue operating and restructure their debts under a payment plan.
However, their largest creditor, which appears to have had a claim against the company exceeding $11 million, has decided not to allow them to restructure the debt, and has instead seized all the companies cash and assets in a liquidation of the company.
This means that, within the past 15 months or so, the 3 largest tax resolution firms in the United States have gone out of business, either by bankruptcy or government action. A little over a year ago, American Tax Relief in Los Angeles was shut down by the FTC, and the owners are facing numerous criminal charges. In early 2011, Roni Deutch was shut down by the California Attorney General, and Roni herself was disbarred and faced perjury charges.
JK Harris has been the target of several class action lawsuits regarding their sales practices and poor customer service. They have also been investigated by the Attorney General’s for several states.
If the closing of JK Harris has left you in a bad place regarding your tax matters, please contact me (click the “Ask A Tax Question” link at the top of this page, or call my office at (970) 930-1040) and I can steer you in the right direction.
If you owe back taxes to the IRS, want to protect assets from government seizure, or need professional tax advice regarding investments and other matters, then you need the VIP Tax Concierge Service.
Click here to claim your free gift of over $1,136 in valuable tax services.
May 15, 2012
A little over 2 years ago I was scammed by J.K.Harris for 36 hundred dollars.I see that they lost a lawsuit,which pleases me to no end.What they did to people was terrible.I am hopeing you could give me some imformation on the class action so if possible I could recieve some portion of the pie. For the past two years this has totally hurt my faith in fellow humans.My financial situation is poor and could certainly use the money as to help pay my tax debt.Knowing that they have got in trouble for thier wrong doing helps restore my faith in our society.If you could, please contact me. VERY APPRECIATIVE Kevin Kiernan
May 15, 2012
I’m terribly sorry to hear that you were yet another victim of this shady company. The lawsuit they lost was several years ago. Currently, they are under bankruptcy protection — which means nobody is getting a dime from them. I’m not sure if there is a current class action suit against them or not, but it wouldn’t surprise me. Perhaps do a Google search for “jk harris class action suit” and see what comes up.