PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for November 15, 2007 Subscribe to this News Feed    
 

JK Harris Helps Resuscitate Physician's Financial Future

Physician sees financial future come back to life with some help from JK Harris & Company's Audit Representation Team.

North Charleston, S.C. (PRWEB) November 15, 2007 -- When Dr. Steve Morris III was sent an audit notice by the IRS for tax years 2001 and 2002, he saw his financial future flash before his eyes.

Dr. Morris' tax returns for those years triggered an audit by the IRS. He tried negotiating with the IRS on his own, but to no avail. When he realized his problems were complicated and the IRS was threatening him with wage garnishment and liens, he contacted JK Harris.

"The IRS was relentless," Dr Morris said. "They started the process to garnish my wages and they had threatened me with liens. Fortunately, I saw a JK Harris ad on television."

Right away, JK Harris went to work to represent Dr. Morris in his audit before the IRS. His already complex case was further complicated by the fact that the years in question represented two of the years he owned a medical practice in the state of Mississippi. When the practice was closed, the records from his practice were put into storage in Mississippi and in 2005, Hurricane Katrina damaged the storage unit. Dr. Morris had to travel from Florida to Mississippi to go through the records. Of the records he was able to find, many were damaged by water.

After securing his corrected tax returns from his accountant and having JK Harris assist him through the audit, it was determined that Dr. Morris owed $310,291 in back taxes, penalties and interest. JK Harris found that the IRS had made adjustments to the audit, but no explanations were provided to JK Harris for the adjustments. Morris' case was then transferred to a new Revenue Agent. JK Harris' audit team appealed the IRS' adjustments and asked for the case to be reviewed. Once the case was made to the IRS, it was found that mistakes were made in some of the IRS' computations. Due to the audit team's persistence, JK Harris was able to lower Dr. Morris' tax liability to $112,625, saving him over $197,000.

"You have not only saved me an incredible amount of money, but more importantly, you provided me the time I needed to make a full financial recovery. Kudos to the Licensed Taxpayer Representative that helped get me organized and who fought my battle for me…JK Harris, you rock!" said Morris.

# # #

OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
Email this story to a colleague
CONTACT INFORMATION
JOSH BAKER
JK Harris & Company, LLC
843-576-2255
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.