This is really frustrating. I'll admit their services have been going downhill dramatically (all my books Jan-Nov were still open as of last week and usually they would close subsequent month), but I still think shutting down right before the tax year ends is downright scummy. What are the alternatives that handle bookkeeping and tax filing? Maybe I should just get a local CPA...
Bench accounting services shutting down
141–150 of 399 posts
Re: Bench accounting services shutting down
#142Off topic, but what is going on with the comments in this discussion? Seems like a ton of new accounts, and strange behavior like commenting gibberish or exact same comment text within minutes of each other, for example: strattonoak 39 minutes ago | prev | next [–] The no access to data smells like a ransomware event. Why is data not available to export out and everything is taken down and not accessible? Seems like…
> Stratton Oakmont, Inc. was a Long Island, New York, over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush. It defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996.
It's the company from the Wolf of Wall street.
Re: Bench accounting services shutting down
#143Bench was a terrible service in my experience. I used it for one of my startups a few years ago. I personally invested a lot into said start-up. I checked my books and everything seemed ok. Eventually I found that they had hidden my Gusto payroll line items from view and they were no longer taken into consideration in my books. This led to a $300k shortfall from where I thought I was vs reality. Their team just shrug…
What sort of accounting books were being prepared where such a function is even needed?
Re: Bench accounting services shutting down
#144Truly crazy news and timing for this to happen over the holidays. I'm the founder/CEO of Digits - if you're a tech startup on Bench, we'd love to work together. Reach out to vip@digits.com and we'll extend our friends/family discount and make this as painless for you as possible.
Do you do personal tax returns in addition to business taxes as part of a package?
Re: Bench accounting services shutting down
#145Paying for a service and not getting what you expect, especially when it comes to your taxes is no joke.
Instead of having to start from scratch, our team at Kick is moved quickly to build these resources to help prior Bench customers:
1. Free Bench migration
2. Free 2024 Bookkeeping review calls
3. Free Daily Live Q&As (coming soon)
We’re moving fast and sharing additional resources and updates in real time here:
Other resources on the way include a Tax Extension Guide and Accountant Directory to make sure folks get a soft landing is this difficult time.
If you're running into issues, my email me at conrad@kick.co and I’ll do the best I can to route you to the right place.
Re: Bench accounting services shutting down
#146The fact that they are recommending Kick makes me view that company with suspicion. This whole thing is really leaving a bad taste in my mouth.
Working fast right now to try to provide resources and help Bench users migrate and will be sharing updates here: https://x.co/kickfinance
Re: Bench accounting services shutting down
#147I can’t imagine the frustration you’re going through if you’re a Bench user. Paying for a service and not getting what you expect, especially when it comes to your taxes is no joke. Instead of having to start from scratch, our team at Kick is moved quickly to build these resources to help prior Bench customers: 1. Free Bench migration 2. Free 2024 Bookkeeping review calls 3. Free Daily Live Q&As (coming soon) We’re m…
Re: Bench accounting services shutting down
#148I can’t imagine the frustration you’re going through if you’re a Bench user. Paying for a service and not getting what you expect, especially when it comes to your taxes is no joke. Instead of having to start from scratch, our team at Kick is moved quickly to build these resources to help prior Bench customers: 1. Free Bench migration 2. Free 2024 Bookkeeping review calls 3. Free Daily Live Q&As (coming soon) We’re m…
Also are any of the C-Level execs from Bench involved in Kick in any way?
Re: Bench accounting services shutting down
#149Does anyone have any contacts or experience with Capchase? I never even started my service, which was supposed to begin January 1st, 2025 and now I will have to pay out 12 months to Capchase?!?!
Re: Bench accounting services shutting down
#150Bench just forced me to switch to an annual contract a few days ago too. What a bunch of crooks.