Complaint Review: TradersAccounting
TradersAccounting Jim Crimmins Completely messed up setting up the business structure Peoria, Arizona
*UPDATE Employee: Mongo Please Give Us A Call
They take a "cookie cutter" approach to setting up your trading business, generally a "C" corp as the management part, and an LLC for the trading business. I am still in the process of correcting what they set up using a different accounting company. Their services are way over priced, and their customer service is completely lacking. The initial fee includes a couple of boiler plate company documents and 6 months worth of book keeping services. After that every thing else is billable at upwards of $100/mo and does not include any tax preparation.
You are asked to get Quickbooks and will get a chart of accounts but will not get any documentation on how to use what they have set up so unless you have some accounting background you will be either on your own or need their book keeping services.
In my case everything needed to be redone from the beginning because it was all wrong. It's going to take me at least a year to get the business restructured so that it's correct and because things were set up incorrectly from the beginning. The result is that it will take longer to get any tax advantage from it, if I get any at all.
Stay away from these people, they are a disaster waiting to happen.
This report was posted on Ripoff Report on 09/22/2011 03:13 PM and is a permanent record located here: http://www.ripoffreport.com/reports/tradersaccounting/peoria-arizona-85381/tradersaccounting-jim-crimmins-completely-messed-up-setting-up-the-business-structure-peor-780074. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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