We Prepare Tax Returns!

We prepare most type of tax returns:

Individual. 

S Corporation.

C Corporation.

Partnership.

Payroll.

Amended.

Client Video Testimonials

Click here to watch some of our clients in their video testimonials!

Client Testimonials

I used Gary’s services to file my 2012 income tax return. This was my first year having an accountant do my return, as I have always done it myself using TurboTax. However, this year I had cancelled debt from my old primary residence which I was forced to convert to a rental property after relocating out of state.

While it didn’t cost me anything to do the short sale, the income tax consequence from the cancelled debt, roughly $50,000 in my case, was enough to move me from the 15% tax bracket to the 25% tax bracket.  Needless to say, I was concerned about that.

Finances were already tight and my husband and I are expecting our first child this fall. So the possibility of owing income tax was stressing me out. However, Gary was great at relieving my fears.

He is extremely knowledgeable, answered all my questions and was very thorough. I knew I was in good hands. He kept in constant contact with me throughout the process, keeping me updated on the progress of my return and letting me know what paperwork he needed to complete my filing.

In my mind, best case scenario would have been to not owe any taxes. Second best would be to only owe a little. Well, you can imagine my surprise and delight when Gary told me I was actually due a refund of a little over $2,700.00!

To top it all off, I found Gary’s fee for service to be fair, competitive and affordable; especially given the complexity of this type of return. I am so glad I did not try and go it alone this year. I am extremely pleased with Gary’s service and would recommend him highly to anyone, in fact I already have. If you have cancelled debt from a short sale or foreclosure, don’t freak out. Take a deep breath and call or email Gary. I am grateful I did.

Angie Falke of Holiday, FL

Free Consult

Even though Gary enjoys helping colleagues, we no longer provide free consults to other tax preparers. He's happy to consult on an hourly billing basis if our schedule allows.

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Expat CPA discusses Form W-8IMY | new FATCA compliance documents

Expat CPA discusses IRS Form W-8IMY and FATCA compliance

Gary Bode, CPA: Expats could see the revised Form W-8IMY in 2013.

Expat CPAs are buzzing about the “new” IRS Form W-8IMY, Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. Branches for United States Tax Withholding. Of course Form W-8IMY isn’t new, it’s just revised in 2012, for 2013, to facilitate FATCA compliance. Form W-8IMY is one of several 2013 tax exemption forms that include Form 8-ECI, Form 8EXP and Form-8BEN.

Generally you, the taxpayer, supply one of these forms to any institution that requests one. In the case of Form W-8IMY that would be a foreign intermediary, a foreign branch of a US bank or foreign flow through entity. In other words any institution that pays you money during the year. Otherwise that institution has to with hold 31% of the payment (this rate is for 2012 and 2013) for IRS taxes. Form W-8IMY prevents that, but the institution still sends a document to you and the IRS stating what income was paid during the tax year along with your identification information.

Should you provide Form W-8IMY?

Discuss that with your Expat CPA. Your marginal tax rate may be less than 31%, so allowing them to hold your 31% may result in a refund. Also, investors sometimes can use that 31% to make money in the interim. Finally many folks hate to pre-pay taxes.

I’m an expat CPA with a virtual office to serve my international and long distance clients. For a free phone consult call (910) 399-2705.

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