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J. K. Harris Settles Deceptive
Ad Charges Company took consumers'
money, did nothing, states charged
JK Harris airs a national TV ad campaign promising
consumers it can settle consumers' debt with the IRS
for "pennies on the dollar." Eighteen states
sued, claiming the ads are deceptive. > Continue
Foreclosure
Tax Relief Available From IRS
The Internal Revenue Service unveiled a special new
section on IRS.gov for
people who have lost their homes due to foreclosure.
The IRS also reassured homeowners that, although mortgage
workouts and foreclosures can have tax consequences,
special relief provisions can often reduce or eliminate
the tax bite for financially strapped borrowers who
lose their homes. > Continue