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October 22, 2014, 8:47 am
970 WMAY News

THR Assets Could Go To IRS


The bulk of proceeds from the former THR and Associates business empire will probably be going to the Internal Revenue Service.

 

The State Journal-Register reports a bankruptcy trustee has recommended that many of former owner Jeff Parsons’s remaining assets… including a $1.5 million home in Athens and hundreds of thousands of dollars in antiques… be sold to settle IRS claims and liens for back taxes.

 

The state of Illinois is also trying to recover more than a million dollars in unpaid taxes, and former former employees, customers and creditors are also in line for money they are owed from THR and affiliated businesses, like Treasure Hunters Roadshow and the Buy Sell Trade stores.

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