We Prepare Tax Returns!

We prepare most type of tax returns:

Individual. 

S Corporation.

C Corporation.

Partnership.

Payroll.

Amended.

Gary Bode, CPA is a Master's Degreed, nation wide accountant offering tax and business services. Member of AICPA and NCACPA. Our virtual office provides excellent service to long distance and international clients. Call (910) 399-2705 for a free phone consult.

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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Form 8825 CPA discusses Formal Amendments to the 2014 Repair vs. Capitalization Regulations | IRS Notice 2012-73 | Schedule E

Form 8825 CPA discusses repair vs. capitalization regs for rental property and Notice 2012-73

Gary Bode, CPA: depending on your specific rental property situation, applying some of the new Regs before 2014 can make sense.

Form 8825 CPAs understand that the new IRS Repair vs. Capitalization Regulations are the biggest change to rental property taxation in decades. And of course, the IRS has now modified prior modifications to these Regs with Notice 2012-73.

“Rental property has unique tax options in 2013. Consult your Form 8825 CPA. Maybe your rental property goals match these new opportunities.”
– Gary Bode, Schedule E CPA and rental property accountant

In 2013 Rental Property Owners can Pick and Choose between the Old and New Regs

The new Repair vs. Capitalization Regulations aren’t mandatory until 2014. But in 2012 and 2013, at least from my understanding of Notice 2012-73, owners can pick and choose between the old and new Regs. However, even some rental property CPAs worry about portions of 2012-73 being modified yet again. But, in some cases, going forward with the Change of Accounting Method earlier than 2014 makes sense.

I’m a Form 8825 CPA with a virtual office to handle Form 8825 and Schedule E wherever you live, or your rental property is located. I stay current on emerging issues, partly because my extended Family owns rental property. If you don’t already have a Form 8825 CPA, or like what you read in the dozens of rental property posts on this website, please call (910) 399-2705 for a free consult. Of course we prepare the parent tax returns too e.g. Form 1120-S, Form 1065 and Form 1040. Plus your State’s tax returns too.

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