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

My husband and I had to deal with canceled debt from a Deed in Lieu of Foreclosure on a second home with our 2012 taxes. We never had to deal with this type of tax experience and needless to say, we were fearful. Owing taxes on possible additional income was stressful. We searched for CPA’s as well as info about DILs and how Insolvency worked. When we came across Gary’s website, we were impressed. We found his website 8 months prior to tax season. We kept it as a “Favorite” as we knew we would need to contact him for assistance. When it was time to get a CPA, we called Gary. We felt relieved that we actually had someone that not only understood our concerns but was an expert in this area. He walked us through the process and all the time telling us not to worry. When our taxes were completed, you cannot imagine the relief we had when we actually were able to get a refund.

Gary is a dedicated professional and attentive to his clients. We love the virtual office as it is convenient during tax time and he’s fees were fair and affordable when you consider the depth of work accomplished on our taxes!

We’ve already started recommending Gary to others. We are so blessed and grateful for all that Gary did to assist with our taxes.

 

Patty and Tim, Fredericksburg, VA

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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Rental Property CPA suggests sources of help on Form 8825 and Schedule E

Form 8825 CPA

Gary Bode, CPA: lots of help exists. But if you need a professional, consider calling us for a free phone consult. (910) 399-2705.

As a Rental Property CPA, I field lots of calls on Form 8825 and Schedule E. But for the new repair and capitalization rules (in the 2013 tax season), the only source of information is the Internal Revenue Bulletin 2012-14, TD 9564. But even then you’d need experience in depreciation calculations. Some rental property owners essentially face a change in their accounting method. Ouch.

But for other rental property issues for Form 8825 and Schedule E, many forms of help exist:

  • The IRS’ Passive Activity Loss Audit Technique Guide. IRS agents use it to set up audit protocols. It’s online and has a great section on passive activity rules. I think most rental property CPAs read this just to prevent audits and then see what the playing field is like if our clients are audited. It’s a good source of info for anyone preparing Form 8825 or Schedule E.
  • Schedule E and Form 8825 themselves. It may seem strange, but some folks become concerned even before they look at the forms!
  • IRS Instructions: even rental property CPAs read these. And the IRS presents some good examples too.
  • Bookstores: there’s annual tax book that present good information.
  • Tax research databases: your local University probably subscribes to at least one.
  • Seminars: not always the best route.
  • Internet: be careful. Even our website has disclaimers, not so much for accuracy, but how you’d apply the information to your specific situation.

If all that doesn’t work, try us for a free phone consult. We try to be genuinely helpful and don’t sell you our services. But of course some consults result in new clients; after all rental property tax returns get complex. We have a virtual office to serve you wherever your rental property is located. (910) 399-2705.

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