Commonwealth Business Services

3 simple words. A HORRIFIC EXPERIENCE!
We had used this company for our tax returns for several years and was audited for 2008 and was notified that we owed back taxes and interest for the returns being prepared incorrectly.
So I notified them and asked them to correct my subsequent tax returns and can you believe they did so, and sent me a bill???
And if that is not bad enough, when I advised them that I would not be paying for the «corrected returns», they then sent me a letter saying that they would no longer prepare my tax returns, but in keeping with their professionalism if I wanted them to provide information or consult with a future CPA, they would do so, but at a fee!!! They also attempted to release themselves of any future liability.
Ordinarily, we would need Commonwealth to provide the method in calculating the depreciation for our rental property, but we hired a CPA who was able to figure it out. We also learned that it was not necessary to have our one rental house set up as an LLC, thus having to pay for additional federal tax return with Commonwealth.
When we began using Commonwealth, they were located in Alexandria, but then moved to Fredericksbug. So they charged us $ 25.00 for each fed ex they sent with our tax returns.
In finding our new CPA, we also saved more than 50%.
So there is a silver lining in everything, I suppose!