Anderson Business Advisors 1980 Festival Plaza Drive, Las Vegas, NV 89135

"Sell, sell, sell. If you like the hard sell, go with Anderson. If you want service and sound legal advice, look elsewhere."

"100% do not listen to your needs. I did the free 45 minute phone consultation and was so done within the first 10 minutes. We kept having a circular conversation where Corey would offer me unsolicited "advice" for next year's taxes, and I would say great but that's not why I'm calling I need someone to help me file this year's taxes, and then he would somehow start talking about next year's taxes again, and this process literally just kept repeating. This was obviously being done to try to sell me on something that wouldn't benefit my current business needs---so certainly not a fiduciary. He also straight up lied to me about their services by telling me they do not do "personal taxes" (referring to my business's sole proprietor tax status), and that's literally all my friend uses them for. Clearly my new business's net income wasn't impressive enough to deal with unless he could sell me on a package for next year's taxes."

"Here’s a bullet list of my experiences so you as a potential customer can make an educated choice: 1. Upsell and don’t listen to your needs. a. Upon our initial consultation titanium member was offered at 40% but we had to sign today! We did and paid the $10K retainer fee because they appeared to know more than my team did. We would get unlimited LLC creation, trust creation, digital document storage, and access to legal portal where you can ask legal and tax questions to Anderson professionals. After some thoughtful research this was of very little value to us as a small business. i. Unlimited LLC creation: Neutral Value - Did you know you can create your LLC? My new attorney laughed at me about this service and kindly directed to the State’s Secretary of State Website. Then told us “You can do it yourself in 15 minutes or pay me $800.” He understood the need to conserve capital. ii. Trust Creation: Negative Value – The advisors will claim they hide your identity from law suits and stop due on sale clause in mortgage/loan contracts. It doesn’t hide you from lawsuits. A difficult tenant found out who I was and dragged me through a frivolous lawsuit over 3 months. (My name was on the historical chain of title and they found me!) If you get into a frivolous lawsuit don’t hide from it like they advise – fight it head on. Planning to refinance your assets? Will not happen in a timely fashion. Asked Anderson advisors for help getting the assets back out the trust – they were no help. Had to contact and pay a local real estate attorney to untangle the trust mess. Also an important note: Fannie and Freddie mac have a 6 month title seasoning requirement before debt refinancing so hurry up wait! iii. Legal Portal: Some Value - but not worth $35/mo for access. It was helpful when I had a few questions. Had to constantly fight questions up the chain to get access to experienced partners. iv. Digital Document Storage: No value – We transferred documents to google docs for free instead. b. A few months later asked an advisor how on a tax approach to best shield profits coming in. We discussed that these are for profit entities and require maximum flexibility to maneuver capital. We were told to start a non-profit and that they we’re doing a special for certain amount of money. We declined. c. We got an unsolicited $2500 bill to have a permanent business phone number at Anderson’s. Did they think it was a good idea for us to have a professional business number there? I don’t know but it’s frustrating. Had to go back and forth to get the bill thrown out. d. Last year we contact them about assistance in for the EIDC program (saw it my facebook feed appearing like they know more than I did). We initially purchased the legal assistance package for $2500 that we later rescinded after getting more information from the government. We got $3K EIDC funding so if we would have paid them, yeah the economic assistance would have been next to nothing. A good advisor on the subject matter would take a quick glance at your profile and just got to the government profile to fill out the application. It took about an hour of effort saving $2500. 2. They did not give good tax advice on business or real estate issues. a. In 2019, I sold my home in Las Vegas to relocate to California and I was concerned about paying capital gains tax on the house because I only lived there one year instead of two years and asked if there are any tax considerations to consider. An Anderson Advisor informed me that gains tax had to be paid! A few days later I reached out to an old friend about the issue. He then showed me the IRS publication on the homeowner sale tax exceptions and – it shows that this tax exception is pro-rated! (i.e. at one year your exception limit is 250K ) Anyways, this old friend is now my accountant. b. See paragraph 1b. A small business owner will get much more attention, advice, and value from a small and local business law firm where you have more direct access to the experienced partners."

"The absolute best tax law advisors!"