Discussion:OICs, JK Who and the like

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Discussion Forum Index --> Tax Questions --> OICs, JK Who and the like

Death&Taxes (talk|edits) said:

23 July 2008
http://online.wsj.com/article/SB121677131246575457.html?mod=googlenews_wsj#

Anyone know of someone who was helped by Mr. Mushmouth, or Ms. D?

Kevinh5 (talk|edits) said:

23 July 2008
At the recent NATP conference held in Atlanta, I was surprised to see a new franchise exibitor: Roni Deutch Tax Services. RD is one mentioned in this article - read it.

Irsfixer (talk|edits) said:

23 July 2008
I know several who were helped By JKH. They helped them out of several thousands of dollars and never did anything.

Southparkcpa (talk|edits) said:

23 July 2008
A fool and their money are soon parted.....

JR1 (talk|edits) said:

July 23, 2008
So our problem generally is too much integrity?

Joanmcq (talk|edits) said:

23 July 2008
An article in the local paper about ms. Deutsch (she is local) had a satisfied client talking about how she settled his tax bill....when you added up the terms, all she did was set up an installment agreement. I wonder how much she charged for that?

Death&Taxes (talk|edits) said:

23 July 2008
I do wonder how much she charged, and how much the people owed, but before jumping too harshly on the example mentioned by Joan, there are times setting up an installment agreement can be a trying and time consuming process, and it was moreso in the days before standards were erected by IRS to govern certain costs of living. There is a relief in the client's mind when you are able to say, "now you pay xxxx the 15th of every month (better yet, have it withdrawn from their bank account) and you will not hear from them again unless you default in your agreement.'

Mscash (talk|edits) said:

23 July 2008
If JKH or Roni Deutsch state in their ads that they got a client's account settled on the super favorable terms as stated, I have no doubt it happened and that those clients are very satisfied. Fees will probably be in the $4,000 range.

They are going to tout their big successes to make potential clients think they can get the same deal. For my part, I got one client's $250,000 liability compromised for a penny on the dollar. Results not typical: I can't duplicate this on a regular basis.

I have been able to get a number of clients into currently not collectible status or set up with an installment payment that is more favorable than what they could have managed on their own for fees a lot lower than my as seen on TV counterparts.

Irsfixer (talk|edits) said:

23 July 2008
I got this in an e-mail from a client this morning: "I've been approached by another company who deals with this IRS stuff and they as well as others seem to all say that when I list expenses I don't do it properly and they have the ability to account for things I can never think of or even be aware of."

This is the kind of crap being put out by the bottom feeders.

Skasselea (talk|edits) said:

23 July 2008
The IRS doesn't care whatsoever that the public gets screwed by Offer promoters. Their attitude is "As long as the we (the IRS) doesn't get screwed, it just doesn't matter."

Joanmcq (talk|edits) said:

23 July 2008
The guy owed about 20K. he had an installment agreement set up for 5 years at 500/month. total he's paying, 30K. Automatic intstallment agreeement with filing form 9465. Takes about 5 minutes to fill out, with small talk included. bet she charged 4K!!!

I've gotten 2 out of 2 OICs through. both for 'pennies on the dollar'. But one was destitute (850/mo social security..see what happens when you don't pay your SE tax?) and the other let the IRS take the house.

Results not typical (unless you are destitute and old)

Death&Taxes (talk|edits) said:

23 July 2008
Thanks for the followup, Joan. You are right, advertising getting someone something they could have done for themselves really jerks the chain.

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