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 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

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Adoption CPA discusses Form W-7A | Form 8839 issue

Gary Bode, CPA: it pays to be proactive with Adoption Credit issues. For a free phone consult, please call (910) 399-2705.

Hi, I’m Gary Bode, an adoption CPA with a virtual office to serve clients outside of our Wilmington NC base.

Form W-7A, Application for Taxpayer Identification Number for Pending U.S. Adoptions, merely requests a tax identification number for your adopted child. Use it when the adoption is final and you’re waiting for that upcoming joyous day. Form W-7A jump starts the timeline for filing the Adoption Credit, and other tax incentives for children.

“Without a Social Security or tax identification number for your adopted child, the IRS may delay processing your Adoption Credit. Ouch!”
- Gary Bode, adoption CPA and Form 8839 preparer

Adoption is a long, expensive process that stresses family economics. In my experience, these families rely on the expectation of a cash refund via the Adoption Credit. They’ve paid thousands of dollars up front and desperately need the refund generated by Form 8839. A potential tax savings and/or cash refund of $13,360 deserves planning to help insure you get it ASAP. It pays to be proactive with the IRS. Make sure you have an ATIN or SS number for your child by the time you can actually file.

The Name has to match the ATIN or Social Security Number

Form W7-A is part of an entire range of problems that expat CPAs and divorce CPAs deal with, too. Women change their names through marriage and divorce. Resident aliens need an ATIN to comply with US tax laws. It’s easier to comply proactively with the IRS and have the name and number match before filing the tax return.

I understand you don’t need an adoption CPA to file Form W7-A. But, if you need an experienced adoption CPA to prepare Form 8839 and optimize the Adoption Credit, please consider using us. We offer a free phone consult: (910) 399-2705.

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