JK Harris 165 Services, the nation's leader in assisting victims of investment fraud recover some of their losses through an often overlooked tax provision called Section 165 (c)(2), is expanding its reach by utilizing JK Harris and Company's nationwide sales force.Section 165 (c)(2) of the IRS tax code allows victims of investment fraud to accelerate the deductions for their losses and realize immediate and substantial tax benefits. Headquartered in Tampa, Fla., 165 Services became a part of the JK Harris family of companies in October of 2002 and currently employs 21 people.
JK Harris and Company (www.jkharris.com) is the nation's largest and most successful tax resolution firm.Due to the reach of JK Harris' sales force, which mans 470 satellite offices in 45 states, JKH 165 Services will now be marketed to the thousand of clients the company's Consultants see each month, according to JK Harris Executive Vice President for Sales Bob Harris.
In addition, three questions pertaining to 165 Services has been added to the "Welcome" form JK Harris prospective clients fill out before meeting face-to-face with a Consultant."Bob Harris initiated this relationship and is playing an active role to help in the success of this program," said John Timmons, the Senior Tax Advisor for165 Services.
"We believe that we will be able to reach more people through the one-on-one meetings our prospective clients have with our Consultants."165 Service had relied solely on its research team to find investment scams and investment fraud victims, but in July was provided a spot on the new Consultant training schedule in July.
Additional training was provided for experienced Consultants at the National Sales Meeting held in Nashville, Tenn., in September."So far, the results have been promising," said Timmons.
"During the last 12 weeks, 25 referrals have been passed on from our sales team, resulting in seven signed contracts.""Before, everything we did started with our research department, looking for investment scams," said Timmons.
"Now, with our research department and the Consultants helping each other, we feel this relationship will be a win-win situation for everyone"Timmons went on to say that 165 Services is communicating information to the Consultants to help them identify opportunities as well as investment fraud lists. JK Harris & Company, LLC (www.jkharris.com), based in North Charleston, S.C., is the nation's largest tax resolution company with over 470 satellite offices in 45 states and has serviced over 120,000 clients since its founding in 1997 by John K. Harris.
JK Harris also provides services for consumer and commercial debt, student loan debt, investment fraud, financial planning, mortgage services, tax return preparation, and assisting individuals who require support for an IRS audit..
As a Bookseller Don't Risk Being Accused of Cheating on Your Taxes
Copyright (c) 2006 Michael Mould
Many online booksellers are of the opinion that their selling of books online falls under the heading of a hobby and they are not obligated to report the federal or state income from their bookselling endeavors, and while I am not a tax consultant or a tax lawyer, I believe many of them are grossly mistaken in their interpretation.
If you are selling books regularly through one of the online marketplaces and realizing a real profit from these sales, you are operating a business and you are required to pay an income tax on your profits.
If you are selling your own collection of books, you may still be obligated to pay an income tax on the sales if what you are selling them for exceeds what you paid for them or if you depreciated them previously.
I have read several places recently that the IRS has been looking into the online sellers of all kinds of products with a particularly keen interest in sellers having...
2003 Year in Review - Trends and analysis of Employees' financial behavior.
City: San Francisco, CADate: March 2 2004Financial Finesse notes problematic trend in employee retirement issues Year In ReviewHelpline demographics in 2003Gender Ratios???64% Female???36% MaleCaller Type???97% Employees of corporate clients???3% Spouse/Partner2003 Call Duration:Average call length was 22.45 minutes with each caller in 2003. ??? Call Topic BreakdownTopic???Q1???Q2???Q3???Q4???2003Debt???39%???44%???45%???39%???42%Budgeting and Saving???15%???17%???14%???17%???16%Retirement Planning???12%???7%???10%???9%???10%Homeownership???5%???11%???9%???9%???8%Misc.*???7%???6%???8%???13%???8%Taxes???13%???6%???6%???7%???8%Finding a Financial Planner???6%???7%???4%???3%???5%Education Planning???3%???2%???4%???3%???3%* Misc. includes Estate Planning, Stock Options, Insurance and Investing 2003 Most Frequently Asked Questions (ranked by frequency)Debt1 How do I deal with my creditors?2 Am I a candidate for credit counseling?3 How can I refinance or consolidate my debt?4 Should I consider...
2003 Year in Review - Trends and analysis of Employees' financial behavior.
Internal Revenue Service Continues to See E-file Grow in 2006: New Resources Help More Tax Payers Get Online
San Francisco, CA (ContentDesk) February 15, 2006 -- The Internal Revenue Service has recently announced that it is rapidly expanding e-filing efforts.
Last year, more than half of over 135 million individual tax returns were filed with efile.
The primary benefit of efile is that individuals see their tax refunds in their bank accounts on average more than twice as fast as with traditional paper methods. Also, with the Internal Revenue Service ceasing its file-by-phone Telefile service this past August, even more tax payers are encouraged to use online tax preparation methods(http://www.irs.com/efile/providers.htm).With the expansion of e-filing, independent online tax resource, IRS.com, has also expanded its efforts to guide both individual and business taxpayers to the tax information and help available across the Internet.
There are many new issues that tax payers have to deal with in...
Time is Running Out: Acquire Equipment Before Dec 31st Can Save on Taxes
Las Vegas, NV (ContentDesk) November 29, 2005 -- With this year's Section 179 limit set at $105,000, you may want to purchase that equipment you were debating about. The benefit? Get your shopping done before December 31st, and come April, you can count your eligible equipment acquisitions in this fiscal year.Many MedSpa and healthcare center owners operate on the principle that purchase costs for equipment and furniture must be depreciated over a number of years for tax purposes. This, however, is often not the case. In order to stimulate economic growth, the Internal Revenue Service Section 179 states: "You may elect to expense part or all of the cost of Section 179 property that you placed in service during the tax year and used predominately (more than 50 percent) in your trade or business." Before 2003, Section 179 deductions for each piece of equipment were limited to $25,000. With the Jobs and Growth Act of 2003, the Section 179 small-business expensing limits increased to $100,000....
Time is Running Out: Acquire Equipment Before Dec 31st Can Save on Taxes
President of PayrollonaBudget.com, Recently Interviewed on 'Heartbeat of America,' Offers Tax Tips
Lewisville, TX (ContentDesk) December 21, 2005 -- December marks tax time again for small businesses and, as such, many business owners are turning to the Internet in search of ways to reduce the painful bite they are about to experience. One such Web site is PayrollonaBudget.com. Recently featured on the news television series, "Heartbeat of America," this Web site provides business owners with helpful tips, advice and services to legally cut their business' payroll and taxes. During his interview, Charles J. Read, President of PayrollonaBudget, was asked to discuss problems that business owners face in handling their payroll while maintaining compliance with the country's burdensome tax regulations.
The eight-minute episode aired November of 2005.Read is now offering several tips to the public on how to avoid paying estimated income tax and estimated tax penalties."For those business owners who haven't yet made the estimated tax payments they should have made and are looking...
President of PayrollonaBudget.com, Recently Interviewed on 'Heartbeat of America,' Offers Tax Tips
WATCHBUDDY? TIMEPIECES Has Created Worldwide Pandemonium for Their New "Dog & Cat" Series Fine Art Watches Giving Irrefutable Evidence of Global Warming & That Our Planet is Rapidly Going to the Dogs & Cats This Holiday Season!
Los Angeles, CA (ContentDesk) November 24, 2003 -- WATCHBUDDY? TIMEPIECES (http://www.watchbuddy.com) the leading brand of Fine Art Watches reports their recently launched "Dog and Cat" Series watch line has received unprecedented interest from consumers, proof positive that a huge number of the world's citizens love (and are downright crazy) about these warm & furry best friends of man. Worldwide Pandemonium:The interest in WATCHBUDDY? TIMEPIECES...
Tax help JK Harris 165 Services Expanding Reach Via Nationwide Sales Team watches WATCHBUDDY? TIMEPIECES Has Created Worldwide Pandemonium for Their New "Dog & Cat" Series Fine Art Watches Giving Irrefutable Evidence of Global Warming & That Our Planet is Rapidly Going to the Dogs & Cats This Holiday Season!
Downtown Austin Hotels
There are no less than a dozen downtown Austin hotels which provide good accommodations for visitors. Some of the hotels are historical buildings. Not only have they witnessed some magnificent events in the past, but they are beautiful. Once you go inside and have a look at the rooms, some of them are stunning, as they have very high ceilings. It is also possible for you to stay in a hotel in the middle of downtown.
You can have a beautiful view of the Town Lake in one of these first-class...
Tax help JK Harris 165 Services Expanding Reach Via Nationwide Sales Team Downtown Austin Hotels
Tax help JK Harris 165 Services Expanding Reach Via Nationwide Sales Team mattress 