Lendmark Financial Services LLC - Brunswick
Laura Embery This was the first time we have tried to apply for a personal loan in several years. The staff was very professional. And thank you to John who worked diligently to get us approved!!
1 /5 Judah Romano: I wanted to share my experience to help others make an informed decision. I initially hired this CPA office to handle my 2024 tax return and was hopeful for a smooth process. One of the main reasons I sought out professional help this year was because I was getting tired of preparing my own taxes—it’s time-consuming, and I was hoping to save time and gain peace of mind by having it handled professionally.
While this office seems to handle straightforward W-2 income well, I ran into several issues when it came to more complex areas like rental property, stock sales, and crypto reporting.
Throughout the process, I discovered multiple errors, including:
- Misreporting my crypto cost basis and incorrectly reflecting a gain instead of a loss.
- Entering my primary residence address as my rental property on Schedule E.
- Misallocating expenses such as repairs, legal fees, and supplies to the wrong lines—or omitting them entirely.
- Not including local property taxes as deductible expenses.
- Using an unexplained depreciation amount that didn’t match the correct calculation based on cost basis and land value.
- Entering incorrect figures on Schedule D that didn’t match the Form 8949 I provided.
- Mislabeling stock transactions on the 8949 forms.
Most concerning of all: had I not caught these errors myself, the return would have resulted in over $1,000 of additional tax liability—a very costly mistake.
To their credit, they did make a revision to the return, and I did pay them for their time and efforts. However, even after the revision I found new issues or missed corrections we had already discussed. Ultimately, we went our separate ways, and I chose to complete the return myself to ensure everything was accurate. I’ll be looking for a new CPA for the 2025 tax year.
If you’re considering this office:
They may be a fine fit if your return is very simple (W-2 income only), but if you have any business income, investments, rental properties, or crypto activity, I strongly recommend auditing everything thoroughly before allowing them to file. For me, hiring them unfortunately took more time, cost me more money, created more work, and nearly resulted in a costly filing errors.
