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.

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avatar"We first selected Gary Bode because of his familiarity with a creative financing scheme for our new small business.  During our time with Gary, his insights have helped us better structure our small businesses, save money, and learn to be better small business managers.  When it comes to small business accounting, a little hand-holding goes a long way."—Justin and Joelle LeBlanc

Ocracoke Coffee Co.
Ocracoke Coffee Co.

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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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