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

Hi Gary,


 


Now that we're a few months past filing our taxes, I wanted to send you a quick THANK YOU!!!  We were so overwhelmed with our taxes when we reached out to you and really feel like you were a blessing to us during that stressful time.  Thanks again for all of your help, professionalism, and expertise!


 


Katie Griffin



Katie Griffin

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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Small Business Tax CPA discusses Amending and Superseding Form 1120-S for LLCs

Small business tax CPA in Wilmington NC discusses superseding and amending Form 1120-S for LLCs

Gary Bode, CPA: we offer a free initial phone consult on any small business tax issue. Just call 399-2705.

Some LLCs elect S Corporation taxation and file Form 1120-S with the IRS. A business tax CPA sometimes amends or supersedes a LLC’s tax return for various reasons; carry back allowance, discovery of previously un-reported issues, IRS tax audit, etc. Since the IRS probably examines amended and superseded returns closely, both accuracy and appropriate documentation is prudent.

A superseding return is just a new return, filed before the deadline that merely replaces the original 1120-S.

File an amended return after the deadline to correct the original return. Prepare a corrected 1120-S with the H4 box checked to mark it as amended. Your small business tax CPA then prepares an Amended Return Change document that explains all corrections, line by line. If penalties are expected, and there exists a defense against them, we start building that defense through these explanations. Corrected Schedule K-1s are also passed along to the Members who must amend their personal tax returns by filing Form 1040-X. Superseding and amended returns have State implications too.

We’re a small business tax CPA firm practicing in Wilmington NC, but serve a larger geographical base through our virtual office. We help you keep more of what your company earns.  Reading a few of our posts should help you gauge our expertise and attitude. For a free initial phone consult on any LLC taxation issue, please call (910) 399-2705.

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