More Financial Trouble for JK Harris?
by
Jay Freeborne
,
Enrolled Agent
As the self-appointed MONITOR of the tax resolution industry :), I have been following JK Harris closely whose main office is in South Carolina with sales offices all around the country. The following article in the Post and Courier, a South Carolina newspaper shows that the company is behind on payments on the $4 million judgement that was incurred in a class action lawsuit against them: http://www.postandcourier.com/news/2011/jul/09/jk-harris-stopped-making-payments/
My previous post here showed that they were behind on their lead buying as well. JK Harris has been Washington Tax Services' longest and oldest competitor since the 90's. JK going out of business would be a shock. I will be posting an essay later this week on the tax resolution industry in general and whether the market for tax representation is reaching a saturation point.
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