We Prepare Tax Returns!

We prepare most type of tax returns:


S Corporation.

C Corporation.




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.

Pay Your CPA

Enter $ Below
Other Amount:
Your Email Address:

Wilmington NC CPA discusses re-institution of the Educator Expense Deduction on Tax Form 1040

Tax Accounting Firm in Wilmington NC

Gary Bode, CPA: If you'd like a free initial consult with a Wilmington NC tax accountant, please consider calling us at (910) 399-2705.

Congress rescinded the Educator Expense Deduction in 2010, then re-instituted it on December 17th!  So, the IRS must update their tax forms, making teachers wait until mid to late February to file Form 1040.  Strange, but true.  The IRS also recommends that teachers E-File to avoid confusion.

As a Wilmington NC CPA, with teachers in the family, I know educators personally provide supplies for their classrooms—even paper and pencils.  Up to $250 of qualified expenses can be deducted on line 16 of tax Form 1040, as an adjustment to Gross Income.  What is the actual tax savings to teachers for the $250 deduction?  It depends on the teacher’s marginal tax rate; in most cases it is probably $62-$75.  This is certainly just a fraction of what teachers actually provide over the year!  But it is token recognition of a deplorable condition and how teachers come through for their students under adverse circumstances. 

We’re a Wilmington NC accounting firm offering a free initial consult with a CPA specializing in tax preparation.  Please consider calling us at (910) 399-2705.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>