JK Harris and Company Helps Fresno Couple Resolve Back Tax Problems

Oct. 20, 2010 - PRLog -- GOOSE CREEK, S.C. – When you file your federal income tax return each year, typically it keeps you in good standing with the IRS. For one Fresno couple though, filing a tax return was an education in why certain taxpayers must file quarterly tax returns and pay any taxes due.

Santiago and Judy De Leon were at a loss when they received an IRS notice showing they owed the IRS back taxes. They did not know how to begin to resolve their tax problem. That’s when they turned to JK Harris and Company, the nation’s largest tax representation firm.

According to case specialist Nicole White who worked on the De Leons’ case, the couple got into tax trouble because Mrs. De Leon should have been filing quarterly tax returns and paying any taxes owed on a quarterly basis. When the IRS’ systems compared the De Leons’ returns to the W-2s and 1099s received, the discrepancy was found. The system determined Mrs. De Leon was not paying enough in to cover her tax liability. Because the IRS took a few years to catch up with her, the IRS was now asking for $14,991 – a sum she and her retired husband could not afford to pay.

“I educated Mrs. De Leon the importance of filing her quarterly tax returns, and we began the process of filing an offer in compromise for the De Leons,” said Ms. White. “The process is lengthy and the IRS required us to keep sending financial information in, but we got it all submitted and got their offer approved.”

An Offer in Compromise is an agreement between a taxpayer and the IRS that resolves the taxpayer's tax debt. The IRS has the authority to settle, or “compromise” federal tax liabilities by accepting less than full payment under certain circumstances. Generally, the process can take anywhere from a few months up to two years.

The IRS accepted the De Leons’ offer of $2,334 saving the couple $12,657.

“We are very pleased and also very glad we found JK Harris and Company to help us with the IRS,” said Mrs. De Leon. “We would recommend JK Harris.”

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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.