JK Harris Offers Customers New IRS Payment Option to Help Shed Debt
NORTH CHARLESTON, S.C. (ContentDesk) August 5, 2005 -- An IRS payment option implemented in January of this year may be able to help American taxpayers alleviate past due tax debt and allow the IRS to enter into agreements that result in full or partial payment of a tax liability, according to JK Harris & Company, LLC.Called the Partial Payment Installment Agreement, the PPIA is for taxpayers that have outstanding federal tax liabilities.
The new option became possible with the passage of the American Jobs Creation Act of 2004.
Prior to enactment of this legislation, taxpayers that could not fully pay their outstanding tax liabilities did not qualify for an Installment Agreement.
This left taxpayers unable to meet this criterion with limited payment options.JK Harris & Company, LLC, the nation's largest tax resolution company, is headquartered in North Charleston, S.C., and was founded in 1997 by current President and CEO John K.
Harris as a tax resolution firm, specializing in Offers in Compromise, Installment Agreements, Audit Representation and Tax Preparation.
Since it's beginning, JK Harris has served more than 175,000 customers and has become the dominant force in the tax resolution industry."We believe the PPIA is a great move by the IRS and could be of help to many of our customers if they qualify," said Charlie Jones, a former IRS Revenue Officer and the Senior Technical Consultant for JK Harris.
"For those that meet the criteria, the PPIA could be a legitimate alternative to an Offer in Compromise."Jones said that whether a client is a good candidate for the PPIA would be determined once a customer gives a complete disclosure of their financial situation.
Then it will be up to the team at JK Harris to determine the best option for its client.
"The PPIA not only could be a better alternative than an OIC, but it also could be approved quicker because it can be signed off by a first-line Revenue Officer," Jones explained.
"After a Revenue Officer reviews an OIC, there are several more IRS personnel who must approve it."Jones said taxpayers most likely to opt for a PPIA will be those who have one to five years remaining on the statute of limitations on their debt.
Taxpayers who request a PPIA must provide complete and accurate financial information that will be reviewed and verified.
Taxpayers will also be required to address equity in assets that can be utilized to reduce or fully pay the amount of the outstanding liability."If the IRS determines that you have the ability to pay them what you owe, you have to settle up with them," Jones said.
"But, if you can prove that you do not have the resources to pay off your debt, the PPIA could be a good alternative, just as an Offer in Compromise or Installment Agreement has been for years."JK Harris & Company, LLC, (www.jkharris.com) based in North Charleston, S.C., is the nation's largest tax resolution firm and has served more than 175,000 customers since its founding in 1997 by John K. Harris.
JK Harris consultants are available to meet with consumers in more than 450 locations nationwide by appointment only.
The company also provides services for consumer and commercial debt, student loan debt, investment fraud, financial planning, tax return preparation, and audit representation.Contact:Josh Baker843-576-2255e-mail protected from spam bots.
Are You Overweight Because You're Not Sleeping Enough?
If you're like me, you probably wish that there was a way for you to lose weight without having to put in much effort, right?Everyone knows the importance of exercise and how it helps us with weight loss, but on some days don't we all wish we can just sleep in bed and lose weight at the same time?Well, I've got some great news for you... Sleep is a critical part of your weight loss program!This is a little-known fact, but did you know that sleep can affect your weight?
Rather, it's the lack of sleep that can make you put on unnecessary weight.
You may actually lose more weight if only you were to sleep more every day.
What an intriguing thought, isn't it?
In a review of several studies examining the impact of sleep on the regulation of metabolism, Dr. Eve Van Cauter, Professor and Research Associate at the University of Chicago, noted that the association between hormones and sleep was identified more than 30 years ago when it was reported that adult...
Debt consolidation > Are You Overweight Because You're Not Sleeping Enough?
Guide to Loan terms
Listed below is a guide to loan terms. It is a useful list of definitions of loan terms that may or may not be familiar to you. Keep it nearby as you will never know when you might need it for quick reference. Accrue Process in which interest accumulates on a borrower's loan. Amortization A repayment method in which the amount you borrow is repaid gradually though regular monthly payments of principal and interest over the term of the loan.
Annual Percentage Rate (APR) The APR shows the cost of a loan expressed as a yearly interest rate, including the interest and other fees associated with the loan. Application First step in the official loan process to gather and record information about the potential borrower. Borrower Person who has been approved to receive a loan and is then obligated to repay it. Capitalization Adding unpaid accrued interest to the principal balance. Capitalizing interest increases the principal amount of the loan and the total cost of the loan.
Collateral...
Guide to Loan terms
Debt consolidation > Guide to Loan terms
What Are Low Interest Consolidation Loans
Taking financial assistance from the outsiders has now become the part and parcel of the lives of most of the people these days. There are cases where a few people find themselves in a situation where they have taken more than one loan from more than one creditor.
Serving to more than one creditor is never easy as you may have different terms with your creditors and keeping track of all the developments. It is also difficult to keep track of all the payments that are required to be made. What is more difficult is to be able to make payments to the creditors of the required amount and this can lead to trouble for the borrower if he is not able to make regular repayments.
A low interest consolidation loan is a technique which makes it a little bit easier for the borrower to tackle the problem of multiple borrowers.
Low rate consolidation loans allow the borrowers the option of taking another loan which would take care of all your previous debts. As...
What Are Low Interest Consolidation Loans
Debt consolidation > What Are Low Interest Consolidation Loans
Everything You Need to Know About a Secured Loan
If you're not familiar with the term, a secured loan is a loan which requires a security deposit of some kind (also known as collateral) to protect the lender against nonpayment. The secured loan is the preferred type of loan for lenders who deal with people with bad credit, but is also used when purchasing certain types of property (such as an automobile or real estate.) Interest rates tend to be lower with a secured loan than with an unsecured loan (which doesn't require collateral, but charges higher interest rates to cover the additional risk.) Types of collateral Just about any property with value can be used as collateral for a secured loan, though some types are more common than others. Jewelry and rare coin collections can be used as collateral for some loans, though they are usually held by the lender to help protect them from theft or loss. Automobiles and real estate are popular forms of collateral, and lenders usually allow you to keep them while you repay the loan? you simply...
Everything You Need to Know About a Secured Loan
Debt consolidation > Everything You Need to Know About a Secured Loan
Longship Capital Management Launches Longship Multi-Strategy Debt Fund:Fund of Fixed Income Hedge Funds
New York, NY (ContentDesk) February 3, 2004 -- Longship Capital Management, a wholly owned subsidiary of The Provident Group, announced the launch of its Longship Multi-Strategy Debt Fund. The Fund was created for investors seeking to efficiently allocate capital to dedicated fixed income hedge fund strategies that employ limited leverage, placing it in the company of only a handful of competing products. Key objectives include the generation of low levels of volatility and achievement of its target returns irrespective of interest rate trends.The Longship Multi-Strategy Debt Fund targets returns in excess of 12% per annum and a standard deviation of less than 4.0%. The underlying fund managers were identified in April 2002 and analyzed over a 20-month observation period.
During this pro forma period, the Fund placed in the top 20th percentile of nearly 300 fund of funds and in the top 4th percentile on a risk-adjusted basis, as identified by HFR.
In 2003, the Fund produced...
Longship Capital Management Launches Longship Multi-Strategy Debt Fund:Fund of Fixed Income Hedge Funds
Debt consolidation > Longship Capital Management Launches Longship Multi-Strategy Debt Fund:Fund of Fixed Income Hedge Funds
VoIP Provider ViaTalk Offers New Customers Free Gas; Supports Hurricane Relief Efforts
Clifton Park, NY (ContentDesk via ContentDesk Direct) September 6, 2005 -- In an effort to help consumers deal with soaring gas prices, broadband phone service provider ViaTalk is giving away gas cards to all new customers establishing service with a two year prepay term.
Brendan Brader, ViaTalk Chief Executive Officer, certainly appreciates the current cost of gas.
Brader drives a ViaTalk branded Hummer H2 which serves as a local promotional tool for the company and displays a '1 MPG' state license plate.
Other company executives also drive ViaTalk branded vehicles.A all new customers establishing an account with a 24 month prepay term will receive an ExxonMobil gas card good for $20 in free gas with their ViaTalk welcome package while the promotion is in place.
The company offers a variety...
Debt consolidation > VoIP Provider ViaTalk Offers New Customers Free Gas; Supports Hurricane Relief Efforts
Have a New Born in the Family? Here are Some Easy Ways to Save Money.
Copyright 2006 Debt Management Credit Counseling Corp.
Boca Raton, FL ? Everyone knows the cost of raising a child has dramatically increased throughout the years. With all the new styles of clothing, diapers and kinds of baby food, these items are more expensive than they once were. Here are a few simple ways to save.
Breastfeeding
The first and easiest way to save money is breastfeeding. Besides all the natural benefits of breastfeeding, it will save you thousands of dollars yearly on buying baby formula.
Make Your Own Baby Food
When you are shopping down the baby isle at your local grocery store, baby food does not seem that expensive. But, what people do not realize is how little food and how much water is actually in the jar.
You can buy apples to make homemade apple sauce. You can mash bananas, pears and peaches. Or just throw a bunch of fruit in a blender. Your baby will get more nutrients eating your homemade...
Have a New Born in the Family? Here are Some Easy Ways to Save Money.
Debt consolidation > Have a New Born in the Family? Here are Some Easy Ways to Save Money.
Used Ophthalmic Equipment Basics
There are many distributors of ophthalmic equipment who offer both new and remanufactured or refurbished machines. Some of the more common types of remanufactured equipment are slit lamps, phoropters, chairs and stands. It is typically higher-end equipment, which are remanufactured or refurbished and offered for resale. The reason being, that they can be offered at a substantially reduced price compared to new ophthalmic equipment, and the distributor still makes a reasonable profit. However, it is generally unwise to consider purchasing used surgical equipment, as many procedures require critical, flawless performance, which used equipment generally does not offer.
New practitioners that want to keep costs down are typically the buyers of remanufactured or refurbished equipment.
It is not unusual for these practitioners to purchase more than one piece of equipment, in an effort to set up a fully equipped examination lane.
It is quite easy to see the cost...
Debt consolidation > Used Ophthalmic Equipment Basics
Zen Baby DVD is the hip Hollywood gift for new and expectant mothers
Hollywood moms are buzzing about Zen Baby, the award winning DVD for infants and toddlers that celebrates the beauty of the world as seen through the eyes of their little ones. Recently given to new and expectant moms, Kate Hudson, Courtney Cox Arquette, Debra Messing, Sarah Jessica Parker, Gwyneth Paltrow, Brooke Shields, Denise Richards and Reese Witherspoon for Mother's Day, Zen Baby is the latest must have gift for new mothers. A recent winner of the iParenting Media Awards-Best of the Best...
Debt consolidation Zen Baby DVD is the hip Hollywood gift for new and expectant mothers
Debt consolidation > Zen Baby DVD is the hip Hollywood gift for new and expectant mothers
Corporate Phone Cards Launches New Survey Phone Card Program.
(ContentDesk) July 15, 2004 -- Corporate Phone Cards, a major supplier of custom-designed promotional and retail phone cards, is announcing an additional technical benefit which allows clients to obtain answers to survey questions as soon as customers activate their phone cards.Via a simple process, a caller accesses the Corporate Phone Cards network via a toll free number and enters a unique PIN number assigned to the client's survey. Next, the caller answers a series of questions by entering...
Debt consolidation razr phone Corporate Phone Cards Launches New Survey Phone Card Program. JK Harris Offers Customers New IRS Payment Option to Help Shed Debt
Debt consolidation > Corporate Phone Cards Launches New Survey Phone Card Program.
Eight Advantages of Fundraising Letters Over Other Methods
1. PersonalFundraising letters are about as personal as you can get with a donor without meeting face to face or talking on the phone. Unlike special events, fundraising letters let you have a one-on-one "meeting" with each donor.2. Can be passed alongUnlike personal visits, phone calls and special events, fundraising letters can reproduce themselves. Your appeal on paper has the opportunity to reach more than one donor, potentially doubling or tripling your efforts....
Eight Advantages of Fundraising Letters Over Other Methods Debt consolidation
Debt consolidation > Eight Advantages of Fundraising Letters Over Other Methods
Debt consolidation
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