Prime Corporate Services Review

When I first heard the name Prime Corporate Services, I had no Idea who they were. I was asked to do this review by a reader who explained what they did. The description of their services sounded like they were overcharging people for their services. I will let you decide as you read my Prime Corporate Services Review.

Prime Corporate Services,LLC

  • Name: Prime Corporate Services, LLC
  • Website: http://www.primecorporateservices.com/
  • Owner: Mr. Steven M Harward since 09/26/2012
  • Price: Varies $499 to $15,000+
  • Overall Rank ––  4/10 – Poor
  • Verdict- High Cost/ Hyped Product/Questionable Tactics-RED FLAG

 

What Is Prime Corporate Services

Prime Corporate Services Claim to offer a complete service to help you set up your business. This is done by offering 3 types of services.These are offering Tax Preparation, Creating your Business Entity Setup, and enabling you to obtain Corporate Credit.

PCS professionals create your business to maximize profits and minimize taxes.They are claiming to do a better job with better planning for you.

Prime Corporation Services Logo

 


Who is This Service Aimed At

This service is aimed at anyone with a new business who might need guidance about their business. A person unfamiliar with a new business,who needs to determine what kind of a business entity suits their needs and help in creating a tax plan.

Any one of these items can be done with a little research at the local library.I have seen several companies offer these type of services, and much more including lifetime support for a few hundred dollars. Much more than the cost that PCS is charging.

So after reading the description of services PCS offers, I am not sure I truly see the real advantages to their services. If you want tax services, they are available much cheaper than some of the costs that were charged and listed in complaints against Prime Corporate Services.

These costs would be extremely difficult for the new business person just getting started in business. That is the most challenging time for any business, and they may not be making profits for years. People can’t afford to have their line of credit or charge cards maxed out right up front.That is exactly what Prime Corporate Services does.


Description of Services PCS Offers 

Prime Corporate Services Offered


Pros and Cons

Pros

  • Employees are professionals who know tax rules and regulations.
  • Highly trained people in specific requirements make process easy.
  • Credit mentoring to establish credit lines.

Cons

  • High Cost of services are an immediate burden for businesses
  • Tax rules may not be that complicated, or need such services
  • Forms are not hard and only a few are actually required.
  • Credit is established by purchasing and repayment.
  • Complaints show unethical tactics

Tax Services Offered by Prime Corporate Services

Here is a chart on the tax services offered by PCS

Prime Corporate Tax Services

You are getting “access” to an eTax advisory line and certified public accountants. Ok, That is fine, but almost any tax professional will offer the same services.

Most tax advisers will speak to you on the phone as well, once you become a client. Normally, unless it is some lengthy discussion, which would take place in the office, they will call as a professional courtesy. PCS is trying to make it seem normal to run up the cost.

What They Offer For Tax Help

  • Tools- Tax center website and video library
  • Consult professionals on financial and tax decisions
  • Partner with business advisors on setting up your business property
  • Reduce your chances of audit and lower taxes
  • Complete one tax return
  • Give advice in case of an audit.

Once again these are all services your tax adviser or accountant normally gives you anyway. And most of it is “promises of advice”, and not much substance, except for the website and one tax return. They are not offering to go with you on any audit, only advice if you get audited.

I have been audited personally and let me tell you, advice is not much help. What are they going to say? Make sure you have your records? Take your tax returns? The letter you receive from the IRS will tell you all of that.

Don’t Argue With the IRS

You take a chance when you argue with the IRS. They do have a lot of power. The can order an audit for the next couple years! But, that is a separate article for another time. While they may be intimating, you can politely disagree if you have the facts to prove it.

Prime Corporate Services have charged people $3,000 for their tax consulting work.Complaints have charged that this consulting and training amounted to a phone call once a week.People have asked for refunds claiming that the calls contained information not even related to any tax or training information. They have a valid point.

Most accountants I have dealt with allow me to call throughout the year for a short tax advice call. They basically do not charge for the call, as a courtesy. Most, maybe not all tax advisers do this, simply because it is good for business. In the event you have a more complicated issue, then you will likely be asked to make an appointment. It is just common sense.

Do You Need All The Tax Help

Probably not.You need a tax advisor, however, the person who does your personal taxes is likely qualified to do your business taxes as well. A business may also require you to set things up differently, but you can do all this yourself online for a fraction of the cost PCS is charging.

  • Your tax adviser may be cheaper.
  • Any qualified accountant could do this also
  • Services are available to do this yourself online.

Can They Help With Credit Ratings

Corporate Credit Services Offered by Prime Corporate Services:

Prime Corporation Services Corporate Credit

Here is What They Offer

 

  • One on one coaching
  • 12 months of training
  • Ways to jump start your business credit
  • How to apply for credit
  • Online educational resources
  • Funding options and much more

 

Is the Service Worth $3000

 

As much as they offer, is that list of services worth $3000?  Most noteworthy is this seems to be a one year deal only. First of all would be the actual details of the training. As much as it is hyped, the complaints tend to indicate,it is not what it seems to be. Furthermore,after looking into the details of these complaints, not everyone is getting good training and advice. There is a huge difference between quality advice and just plain hype.

A major complaint seems to be, some people did not get any real help. They claim they have video’s on tax help, but you don’t need to study corporate taxes when you are a small business. If it is a small business like a website, it does not need to immediately become a corporation. The help they offer in that case is beyond what would be needed.

What Tools and Training do They Offer


  • Video library and tax center website
  • 1 year of training
  • Coaching one on one
  • Credit training and tax help
  • Funding help
  • Professional Instruction

Help and Support

  • Support: By Phone: (855) 577-4639
  • Email: http://www.primecorporateservices.com
  • Website and video education resources

Cost

  • Price: Varies $499 to $15,000+

 


Did They Deliver as Promised

According to the complaints filed, they haven’t delivered on those promises listed in their ads. They create a lot of hype, and tell people that they need their help to do this. But, some people report they actually don’t get the help promised. They get a phone call, but the information they receive is not helpful.

The positive reviews seem to avoid mentioning the costs.Also,the responses from the company, are clearly written to avoid the issues and spin the blame on the customers. A few requests for refunds were flatly denied. Why would any company not want to keep it’s customers happy?

The complaints against this company are quite extraordinary and have gone on for a few years. Some can been found listed with the Better Business Bureau.

The Better Business Bureau List on Prime Corporate Services

The BBB lists 19 complaints closed with BBB in last 3 years | 8 closed in last 12 months

Here is a complaint from 2016 asking for an investigation of the company:

The complaint stated PCS charged $15,000 for balance transfers and tax advice.PCS also made the claim the return of the investment would only take about 3 months.Three months is clearly a hyped claim for a 100% return on any investment! If you are thinking that is likely untrue you are right.It never happened.

The complaint states: “all the client received was phone calls once a week” and he stated “the advice given was worthless”. The victim felt the “idea they sold” was not honest and was being used to scam people out of thousands of dollars. A refund was demanded.

Are the Charges Excessive

Prime Corporate Services charged $2950 to develop a credit score and $2890 for a Tax Plan.They offered to drop the Tax Plan charge, but refused to refund the money spent on creating a Credit Score, claiming that work was already done! What work did they do “creating a Credit Score?”

I would say that is quite expensive for that “work”,  $3000 to develop a Credit Score, and another $3000 to do taxes? It would be highly unlikely that a tax bill for a new business would cost that much!

In reality, the only way to create a Credit Score, is the old fashioned way. You are lent a certain amount of money, and you make regular and timely payments and pay it back. Over time you develop a Credit Score.

The Rip-Off Report Complaints Against PCS

In October of 2014, the Rip-off Report received a complaint against Prime Corporate Services.

PCS told the victim he needed to invest his money into his company and would get his money back in one month. This is another highly unrealistic return on anyone’s money in  any business.

Prime Corporate Services charged a fee of $1250 for this client to able to join their high return company . PCS sold this pipe dream of riches, and a full payment of $2000 was demanded for “free technical advice later”. The additional charges were financed at an interest rate of 32% per year. Why would there be a charge for free advice later?? Almost sounds like a payday loan deal!

Most of all,after a fast talking sales pitch given by PCS, the client would also need an eForm to complete the transaction.This is the same tactic that the frauds and scammers use! Get the signature on the form right away before the office closes! Less than questionable for any company.

Get a Refund – No Refunds

First of all, the client was given a three day cancellation clause. After some thought, he decided to contact his financial adviser. Most noteworthy is that after he spoke to the adviser, he was told to get a refund. However, when he tried to get the refund, the salesperson got very angry and aggressive. As a result, he stated “no refunds”.

And in addition, they still encouraged the client to continue training! What happened to the three days to cancel? They even went so far as to tell the man he would have to sell something on eBay for $1000! Really, what legitimate company would suggest such a thing. Also,I find it highly unlikely that this person is making false statements on something like that!

The Rip-Off Report received a complaint in 2015 for deceptive business practices on services not rendered. These types of complaints tell me that they are an aggressive sell company, similar to up-sells on the internet.

Final Verdict

Most notably this company had 8 complaints in the last 12 months alone. 

Therefore, something is causing customers to file this complaints and points to a need for improvement. Any company that uses the high pressure/quick sale routine should raise the red flag immediately!

How does Prime Corporate Services compare to Wealthy Affiliates?

 

 


Results

Prime Corporate Services,LLC

  • Name: Prime Corporate Services, LLC –
  • Website: http://www.primecorporateservices.com/
  • Owner: Mr. Steven M Harward since 09/26/2012
  • Price: Varies $499 to $15,000+
  • Overall Rank ––  4/10 – Poor
  • Verdict- High Cost/ Hyped Product/

Conclusion: Questionable TacticsCostly- RED FLAG

I believe there are much better alternatives. Try you local tax accounting services.

Thanks for reading my review and if you wish to leave any stories you may have or experience with companies I review, please leave the comments below. You can learn more about Scams and Frauds Here.

Chas

Tired of Making Your Boss Rich? Try My #1 recommendation

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24 thoughts on “Prime Corporate Services Review”

  1. Thank you for this. I am researching this Company bc I fell victim to something very similar 2 yrs ago. Back then, I was promised less and charged more. It was to establish a business line if credit, then was told to write myself a check for $15K out of 1 if the CCs that had zero balance. I’m still paying for it, the $15K and their $6K fee. I didn’t hear from that company after I paid.

    • Hi Camilie,
      I am glad my information has helped you. I can tell you that a line of credit, is normally established by a bank or other financial institution. It is nothing more than a revolving loan you have to pay back with interest. If it was a credit card then you are likely paying a high percentage rate. You may do much better getting a loan at a bank, and paying that off. I have a real problem with Prime Corporate Services and their outrageous fees! They are ripping people off!

      You should call them and complain, tell them you want a refund! They cheated you! After that you can file a police report and tell them you got scammed by this company! And file a report with your states Attorney General’s Office. Use my checklist and follow through on the steps. You may at least get some if not all your money back. If you need more help, let me know, I will be glad to help.
      Chas

  2. Reading this topic i realized how helpful is the company for the new start ups (new business who might need guidance about their own business). It is really good to have these kind of facilities (companies who handle this problems) to solve the tax payment issues, or related fields. As every service, also this one has its own fees. However, at least it is good to read such articles, also for increasing the knowledge on tax payments.

    • Hi Leo,

      Well as good as they make it seem, the problem is that they give you lousy service. And the real kicker is they are charging you an arm and a leg for their service. Some of my readers were fleeced by this company. They told them the would do the work required to incorporate their business, but just charged enormous fees and did the foot dragging routine for more and more money. If you are looking for this kind of help, stay away from these guys.

      Thanks for stopping by and leaving a comment,

      Chas

  3. Hey Chas,

    What a great review! So very beneficial for anyone looking into starting an online business. There are so many companies out there claiming that they can help you, and charging insane amounts of money. I really like how you listed all of what PCS offers to it’s clients, and then fails to deliver.

    As well, having the comparison of WA alongside the PCS training, it is a no-brainer, and a great eye opener! 

    Thanks for a great article!

    • Thank you, Brenda. Yes, many times companies take advantage of the fact that people are naive, and don’t know where to get good advice. In this case, this company is referred by another company, and the money train continues for both companies. I hope this review helps to stop the the disaster before it gets too far out of hand.

      I used Wealthy Affiliates to show how it matches up. There is no comparison, WA is the clear better choice. I just hope people realize it before they get involved with PCS.

      Thank you for the kind words, and also for taking the time to comment.

      Chas

  4. The unfortunate part is companies like this hunt for the desperate and poor.  There are so many red flags when reading about this company.  Some bad opportunities at least put up a front that looks good.  I see you are affiiated with Wealthy Affiliate.  I was wondering how that is going for you as I may be interested.

    • Hi Dale,

      Well in my opinion it is like a band of thieves sticking together, and recommending each other. People started  somewhere else and ended up being referred to this company. You get stuck in a poor company, and even before you figure out the first company stinks, the second one is stealing money also! Avoid this company.

      I am an Affiliate of Wealthy Affiliates. They are the real deal. If you are considering joining. I would highly recommend it. Not, just because I am an affiliate, but because they are the real deal. You will learn how to create your business the right way, and not have to scam others.

      Thanks for your thoughts and taking the time to leave a comment,

      Chas

  5. Hi! This is good information to know! 

    I have personally never heard of this company but I’ve always valued face-to-face consultation when it comes to business taxes and other government required documents. I have never dealt with an audit (knock on wood) but my mother has in her small business. And what she told me sounded incredibly unpleasant. 

    I usually start my business idea by going into a place like SCORE. There are all sorts of non-profit groups like them that can give some advice on what type of entity to make your business, business plans, and other related things. And it’s completely free!

    Is this company targeting small businesses specifically? That seems an incredibly high price to pay for tax advice and corporate credit consultation. Maybe they are banking on people’s inexperience at the starting stages of building a business?

    Thanks for the info! This post has been very helpful!

    • Hi Tina,

      Glad you liked the review. The problem with PCS is people are expecting that professional opinion, and work, but it is not happening. They are simply operating as a scheme to get you on the money train. They should be avoided.

      I had never heard of SCORE and I am sure others have not as well. I will look into them and if they are what you say, I will definitely recommend that to my readers, thank you! Free is always a plus!

      This company is linked to other companies that are operating with questionable character. One particularly bad seed I wrote about is a company called Vibrant Web. Read my review “Vibrant Web Investigation” and I will let you be the judge. Vibrant Web is recommending these scoundrels to clients they took advantage of as well. It is like a double whammy scam on people who think they are working with good people.

      Yes it is an outrageous price, for poor quality work or none at all! They need to be avoided. 

      Thanks for your kind words and your very thoughtful comment, it is appreciated!

      Chas

  6. It’s so sad that there are company’s out there like this.  If you really want to make money, do it honestly..  Hey like Wealthy Affiliate!!  🙂

    There are so many scams out there. I hear new horror stories, pretty much every week. I’m not calling PCS a scam, but they’re not upfront and honest.  Thank you for the heads up regarding PCS   Hopefully it’ll help those that are seriously considering PCS.  And hope they give Wealthy Affiliate a go.  They are totally legit!!  Trying it for free for 7 days, with the 10 lessons free, you can see how legit they are.

    I’m lucky, I’ve been able to avoid these sorts of companies.  I research they heck out of everything.  Especially if they’re wanting my money.  Have you fallen prey to any of these sorts of companies?  I sure hope not.

    Again, thanks for taking the time and giving us all a heads up.  We can be more informed when making decisions,

    Laura

    • Hi Laura,

      Thanks for reading my review. PCS is a dishonest company for sure. They provide financial services at very high cost with little value for their products. In some cases they are not doing much at all.The point is that there are better options out there, like using your own tax accountant instead of these guys.

      I have not been caught by financial companies, but fell for some free trials that were not free at all. One bad one was the story I wrote about “The Smart Pill Scam”. I was snookered on that one!

      Wealthy Affiliates is the real deal, and people looking to start a business, would avoid all the other scams out there just by trying them first.

      It comes down to how educated you are on scams you run into. If you are a novice, you just don’t know they are a scam. I hope people do research and find our reviews first, but unfortunately, they ask for help after they got stung.

      Thanks for your thoughts and taking the time to leave a comment, 

      Chas

  7. Thanks guys the information, actually I’m one of you guys who is a victim of this company claiming that they are legitimate, before we join this kind of business l asked a lot of questions to see if they aren’t a scam and they said no, we’re not.our company is legitimate and has an excellent rating that’s what they are saying in order to convince us.They are so nicey,nicey to us the first time, there’s a lady named NATASHA SHAFAPAY,she said she’s the director of their corporate,and she helped us to open a line of credit at Chase bank and discover. The first payment they from those credit card, $1,660 for the LLC and the other one is for paydex to open a line of credit. There’s a guy named Nick is the one in charge for all the documents and he is saying the expenses is 100 percent tax deductible,and you guys don’t have to worry for all the expenses,he told us,and then the next day, somebody called us again, saying that we need to have and hire somebody to do our tax,and he charged us with the amount of $ 1890.00 this is one time payment only he said they have the promo that’s why cheaper to us,he told us.There’s a lot of charges to us,$ 9,330.00.to set up a webpage of the business that’s what we’re told, right now we’re under training about the business and the Trainor named BEN SMITH,and if l questions to him about this business he don’t answer me,he said he’s only the Trainor and don’t know all the answers. They keep saying that if we questions call us,and if call, nobody answered our call,they never return call even we leave a message to their phone. They waited until we get mad it’s frustrating.They deceived us they lied to us. Who ever read this please help us what’s the best thing to do,we want our money back.we can’t afford to pay all this credit card,My
    husband is disabledd what he makes isn’t enough to pay the mortgage. I’m overwhelmed right now. I need the help right now. Thanks.

    • Hi Juanita,
      It is stories like yours, that break my heart. Click here to get my checklist and contact the attorney generals office. Then wait to hear from them. I know how devastating it is to be scammed, so try to stay calm.
      Tell the AG office what happened,you were scammed and that you want your money back.You have to talk to them first before you contact an attorney. let me know if you have any questions,I will help you any way I can.
      Chas

  8. Everything that I have read about Prime Corporate Services in these complaints has just happened to me recently and I am furious about the whole thing!I am going to file a complaint on this company and try to get my money back.It is all true what I have read up on them and I feel for everyone out there that has bee scammed and had their hard earned money taken from them.Let`s all work together and report all these scammers to the authorities!

    • Hi Frankie,
      Sorry to hear you lost money to these guys. Were you involved with Vibrant Web also? They use those guys(Prime Corporate Services) a lot! Anyway, you can use my checklist to get you started, and by all means report them to everyone you can. I have a decent list of people to contact on that list! Keep me updated and contact me if you have any questions, i will help you anyway I can, just ask! Now, when you file those online reports, you likely won’t hear anything from them. BUT, it is important you file them! The FBI keeps a database on these crooks.After they get enough reports on somebody, they will pursue an investigation. So, you are helping everyone by filing all the reports you can! Frankie, good luck…and try not to beat yourself up over it, I know exactly how it feels! These guys are good at what they do! I got a lot of satisfaction filing reports, and I did get my money back!
      Chas

  9. So THANKFUL we did not fall for this scam Prime Corporate pushes. The man belittled us and tried to use scare tactics on us as he tried to weasel $4610 out of us. He became very rude and agitated as we kept refusing-actually using the word “asinine” at one point.I will be quickly losing his contact information-Nick Buhelos-385-557-5105.

    • Hi Kimberly,
      It is awesome you were not fooled, good for you!! It feels good to hear sometimes we get off the hook, and leave those scumbags holding an empty bag!! Thanks for taking the time to stop by and let me know!! Great news!
      Chas

  10. My friend who is 79 Years old is also a victim of this solicited company. She was told she would be lots of money on the at home online marketing and she needed to set up a LLC. They would do this for her for $1,660.00. Tried calling the company and explained to Anna that she is 79 years old and did not know what she was getting into on a fixed income. Asked her if the company can make the senior whole again by giving her money back, because now that she is 50K+ in debt with other affiliated companies, I was giving them the opportunity to correct this issue. She would not stating that they did what she asked for. Advised her that I will be filing a FTC complaint as well as contacting the Attorney General in their state. Still waiting for the managers Steven Harward call!

    • Hi Connie,
      It is heartbreaking to hear what these companies will do. They have no moral boundaries.I hope you have contacted the Attorney General already,that is a great start. It is worthwhile to mention her age as well, because this is a crime against the elderly as well. These companies are relentless with the up-sells. Be persistent and don’t give in to anything they try to offer other than giving her money back! You should have a clear case here. Don’t hesitate to ask for any help, I will do anything I can.
      Chas

  11. I mistakenly got mixed up with Prime Corporation back in 2015 and I was told all the same things that were written in the post. I was asked to put a lot of fees on my credit cards. I was told I had a lifetime access to this business school that no longer exist. They had me paying for a LLC that I didn’t need and didn’t tell me that it was $800 a year to file with IRS. When I found out this fraud from this company, I cancelled them and all of their side companies as well. Unfortunately, I am still left with paying off credit cards of their misleading and fraudent business tactics. This company needs to be run out of business and be made to pay back everyone they have scammed. People beware.

    • Hi Alberto,
      I am sorry to hear stories like this, please report them to the Attorney Generals Office in your state.They may help you get some money back.Also file a report with the FBI IC3 unit, they will help to get them out of business.

      I first heard about Prime Corporation from a victim of Vibrant Web. It seems they were being referred by Vibrant Web.I think it is totally despicable for one bad company to refer another bad outfit. Thank you for sharing your story!It may help somebody avoid them.
      Chas

    • Hi Meila,
      Thanks for the heads up! After I examined the company, I realized quickly they were not a good company to get involved with.Would you like to share your story?First hand stories are the best warning and help for others.
      Chas

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