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 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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Wilmington NC CPA discusses the Claim and Suspend Social Security Strategy for Single Folks

cpa wilmington nc

Gary Bode, CPA: if you don't already have a proactive CPA, give us a call for a free phone consult at 399-2705.

CPAs get asked lots of questions about retirement planning. Social Security is a part of that scenario. Much has been published on the “claim and suspend” Social Security strategy for married folks. But it is no-lose scenario for single people.

Claim and Suspend

This means you apply for Social Security but elect not to be paid as yet. No, this isn’t always crazy.

Full Retirement Age

While you can receive reduced Social Security benefits at age 62, the strategy below uses the full retirement age of 66. Note that the full retirement age is creeping up and will be 67 soon.

The Strategy for Single Folks

Apply for Social Security at full retirement age and then suspend payments. By doing so, your monthly benefit grows by around 8% for every year of continued suspended payments. This is just standard Social Security planning up to now. But here’s the cool part. If you run into financial problems, you can claim all those accumulated, suspended Social Security payments in one lump sum! The cons? There is no interest paid on the lump sum and you lose the delayed retirement benefits. Income taxes should be considered on the timing of the lump sum payment. Ideally, you would want little or no additional income for that tax year.

We’re a Wilmington NC CPA firm with a virtual office that serves a broad geographical base. Please read any of our hundreds of posts on this website to get a feel for what we do and how we do it. If you don’t already have a proactive CPA, give us a call at (910) 399-2705 for a free phone consult.

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