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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IRS Audit CPA Accountant discusses IRS Letter 2205 and IRS Letter 3572 | IRS Field Audit

Gary Bode, IRS audit CPA accountant 2205

What triggers an IRS audit? There are lots of red flags but Letter 2205 or Letter 3572 start an IRS field audit. (910) 399-2705.

Both IRS Letter 2205 and IRS Letter 3572 announce an IRS field audit. Different IRS divisions use different contact letters. And IRS audit CPA accountants see variations within each letter as well. Letter 2205 and Letter 3572 require you call the specific IRS auditor within ten days to schedule an appointment. Both letters generally list specific areas of IRS interest on your business or personal tax return. Additional information requests, like Form 4564 or Letter 866-A, usually accompany these contact letters. Here’s our post on Form 4564.

A Simpler IRS Audit

We have multiple postings on various aspects of IRS Correspondence audits and back tax issues. Here’s one of them, IRS Audits. In my experience, Correspondence Audits deal with mild to moderate discrepancies between your tax return and the information the IRS has on that tax return. The biggest problem with Correspondence Audits is getting an actual agent to work with, instead of dealing with endless computer generated notices and demands.

IRS Field Audit

But IRS Letter 2205 and IRS Letter 3572 are from a specific agent who’s already researched your return in preparation for the tax audit.  This can work in your favor. The IRS expresses pride in their revenue collecting to cost ratio. So, the IRS expense of the auditor is indicative of serious they are. But the Agent has incentives to close the case and not incur additional IRS expense.

Phone Calls from the IRS to Schedule an Audit

Letter 2205 and Letter 3572 sometimes arrive after the IRS agent calls you! This is so unusual that some folks get suspicious, at which point the agent must terminate the call and send out an initial contact letter.

Should you Deal with Letter 2205 or Letter 3572 Yourself? Tips on IRS Field Audits

It depends. An IRS Field Audit is not a simple Correspondence Audit. The financial consequences of self-incrimination are higher. Per their own documentation, the IRS agent can call on multiple experts. And the agent is well-trained. It seems to me that a representative, like an IRS audit CPA, is prudent. But here are some tips.

  • Try to avoid the agent coming to your home or business.
  • Be careful not to open additional issues with the tax return already in question and/or, expand the audit to other returns.
  • Read the pertinent IRS Audit Technique Guides. These are the manuals your Agent uses.
  • Understand your own documentation.
  • Understand the underlying taxation issues.
  • Understand your rights for an IRS audit. For example, you can stop an IRS interview at any time to call a representative like a CPA accountant.

We’re a IRS Audit CPA Firm with a Virtual Office for National and International Clients.

We offer a free initial phone consult on Letter 2205 and Letter 3572. (910) 399-2705.

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