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 had a 1099-C for about $135,000. My husband didn't have any withholding on Social Security. His employer couldn't withhold due to incompetence. I felt utter dread wash over me. Memories of owing the IRS before were constantly on my mind. I called a local CPA. Besides being clueless, he wanted to charge me for every question I had about insolvency. I looked on line and found little hope of the countless stories of permanently disabled people like myself getting their student loans forgiven only to be asked to pay taxes on it as if it were income.
Somewhere, somehow, I find an article by Gary Bode. I bookmarked it for when it's time to do the actual taxes. With his excellent help in how to do all of this out of a virtual office I get my part of the work done. My questions got answered, for free. I give a retainer, do what I said I did and wait. I hear from Gary. I go into shock! How can this be? Not only do I not owe on the 135,000....Gary itemizes and after paying what was almost nothing in taxes we get $950.00 back! No more hubby doing the taxes online! I will use Gary Bode as long as he will agree to work with me!
It was so easy, no worries, but professional and top notch. I know I have thanked you Gary but I am so grateful. Thank you ever so much again!

Carla Bray

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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QuickBooks CPA gives a tip on Employee Fraud Prevention | False Vendor Schemes

False vendor schemes seem more vicious than most types of embezzlement. The employee sets up a fictitious vendor and submits low amount invoices for payment. This is easier than you might think. And if the employee sets up a website, E-Mail, phone number and a separate bank account for the false vendor, the scheme stands up to casual scrutiny. But, for most of the false vendor schemes reported, the employee isn’t usually that smart. Just greedy.

“Fraud prevention is more effective than fraud detection.”
– Gary Bode, QuickBooks CPA

False Vendor Scheme Prevention and Detection

Prevention

A good QuickBooks CPA helps establishes internal controls throughout the accounting process, thus reducing opportunity based fraud. Talk to your CPA about them. Not allowing the same employee to receive bills and decide who to pay is one example. Performing credit checks on all new vendors is another. Be skeptical. Fraud happens and it could happen to your company.

Detection

  • Cross reference employee direct deposit bank account numbers to bank account numbers of direct deposit vendors. Employees sometimes use their own bank account.
  • Cross reference employee and vendor addresses through a customized QuickBooks report.
  • Examine all invoices as you approve payment. No folds? Even dollar amounts? No sales tax?
  • Examine the vendor hard copy files. Consecutive invoice numbers?
  • Review vendor cancelled checks. Most companies use a rubber stamp.
  • Run a QuickBooks report that shows vendor names, telephone numbers, addresses, contact person, and Employer Identification Numbers. Look for company names using initials. Look for missing or mis-formatted info.
  • Run QuickBooks vendor reports showing payments over time. Greed and confidence may escalate with time.
  • Periodically Google all vendors. No website raises suspicion.
  • Periodically call all vendors.
  • Periodically correlate all purchased goods and services to company use.
I’m a QuickBooks CPA with a virtual office to accommodate clients beyond my local Wilmington, NC base. If you don’t have a local QuickBooks CPA, or just like what you read, consider calling for a free phone consult at (910) 399-2705.

 

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