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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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

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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 990 CPA discusses changes recommended by the AICPA for 2013 | Non-Profit CPA

Form 990 CPA non profit organization tax changes

Gary Bode, CPA: Form 990 can use some common sense changes. (910) 399-2705.

Form 990 CPAs know how strongly the AICPA (American Institute of CPAs) advocates for common sense and tax transparency. In 2012 they’ve recommended changes to the Form 990 preparation process for 2013. The goal of Form 990 is to:

  • Prove the non-profit organization has a charitable function.
  • Has IRS approval as a non-profit organization.
  • Spends its funds to support that function.
  • Provide a publicly available tax return contributors can examine.

Form 990 is a dozen pages long with an alphabet of sub-schedules. While it’s easy to point Form 990 out as an example of overly complex tax preparation, it does apply to vast array of different types of non-profit organizations.

“While you don’t have to be a non-profit CPA to understand Form 990, I have to say the average contributor might have difficulty following it.” 
– Gary Bode, Form 990 CPA

 Here are some of the common sense changes the AICPA proposed to the IRS:

  • Changes in the Form 990 instructions, specifically to highlight changes in 2013 from 2012.
  • Making it easier for a non-profit organization to change its name.
  • Defining what audited Financial Statements mean for hospitals.
  • Clarifying compensation for short year returns.
  • Easing Board approval on policy changes.
  • Making pension expense more transparent.
  • Making accrued compensation reporting more like business tax returns such as Form 1120-S and Form 1065.
  • Closing a loophole that allows short year compensation to go un-reported.
  • Making a recent temporary sub schedule permanent to better reflect non-profit organizations that have Partnership ties.
  • Changing the definition of support to mean financial support instead of both financial support and service support.
  • Making the non profit’s lobbying efforts more transparent.
  • Clarify Net Unrealized Gains and Losses on Investments.
  • Making foreign activity more transparent.
  • Making repetitive answers more concise through aggregate check boxes.
  • Making housing benefits to employees more transparent.
  • Making Form 990 instructions consistent with Form 990 itself.

I’m a Form 990 CPA with a virtual office to serve non-profit organizations wherever they are. (910) 399-2705.

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