1 /5 Simon Smith: I would give zero stars if I could!
Peer Wealths (at best) incompetence has cost me over $59,000 in tax, plus over $8000 in new accountant fees to rectify Peer Wealths mistakes over 10+ years (and my new accountant was very generous with those fees too!).
I used Peer Wealth for over 10 years but recently left after the accountant, now Partner, who had been doing my Company, Trust and Personal tax returns wrote to say my annual Trust and Company tax returns (that I paid Peer Wealth to advise me on and complete, as expert tax accountants!) had been filed incorrectly all that time.
I dont have a problem with people making mistakes if they take responsibility for them and rectify them. What irked me was the fact he not only absolved himself all responsibility, he also turned round and tried to blame it on me, saying I should have known - when he was the one I was paying for his expert tax advice!!
To add insult to injury, he also wanted to charge me to redo the tax returns hed incorrectly done for the past 10 years - which Id already paid him to do!
I moved to a new accountant, and within hours of the new accountant receiving the documents from Peer Wealth, he called me to tell me that things were very wrong, and that there was a big problem, so it was clearly something obvious that Peer Wealth should have seen.
My company has several major contracts and supplier agreements with Federal, State and Local Governments, and Peer Wealths mistake could have cost me extremely dearly, as I may have had to re-register with those entities - if indeed I could re-register. Thankfully my new, extremely competent accountant found a way to make things work, so Ive managed to retain the business.
I will never use Peer Wealth again and highly recommend people also do not use them, based on my personal experience.