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

Amended Tax Return and IRS Resolution

I was initially worried about picking someone off the internet but your testimonials sold me so I would more than happy to assist and hopefully the next person will be at ease choosing to utilize your services. I am pleased to write you to let you know I received a response from the IRS in response to the schedule C you assisted with filing. They responded saying the information supplied was sufficient and they have closed discrepancy. I spoke with the IRS and they said no tax is due. I asked even though I did make a $400 profit and they said again no tax liability is showing that the case was closed. I just wanted to thank you again for your assistance with this issue.

Jason Stoltz

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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No 2011 W-2? A CPA explains what to do! | Form 4852

wilmington nc CPA form 4852

Gary Bode, CPA: make every attempt to obtain a W-2 before using Form 4852. For a free phone consult, please call 399-2705.

CPAs field calls from frustrated folks who can’t get a W-2, usually from a former employer. Sometimes just contacting the employer’s payroll department works. Generally, there’s a legitimate snafu, like a new address. But remember, it’s illegal to withhold a W-2.

Form 4852 to the Rescue

Form 4852 is a self-produced, substitute W-2. But it’s a last resort. Be sure to exhaust all avenues to get an original or corrected W-2 first. I’m sure the IRS uses Form 4852 to identify employers breaking the law.

Potential Form 4852 Problems

Generally, Form 4852 is produced using the last pay stub of the year. But, sometimes the figures on Form 4852 can’t be 100% accurate. I think the IRS is tolerant of a few bucks here or there when an employee can’t obtain a W-2. But there are limits. If the IRS disagrees with the figures on Form 4852, you will have to amend your tax return. When CPAs amend the return, we generally include an explanation of how the figures were calculated. This helps build in a defense against possible reporting penalties.

I’m a Wilmington NC CPA with a virtual office to serve long distant clients. For a free phone consult, please call (910) 399-2705.

2 comments to No 2011 W-2? A CPA explains what to do! | Form 4852

  • George

    Hello,

    I’ve looked at your website from specific topics. My direct question is: If I had exempt income for 4 years, and did not meet the defined obligation to file because I did not receive any “taxable income”, why should I file a 1040 and if you recommend filing a 1040 for those 4 years, on which line do I declare “exempt” income?

    Thanks for your time,

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