Jerome owed the IRS $60,000 thanks to missing tax returns from 2007. And they were just about to make him pay. What the IRS didn’t tell Jerome was that his Collection Statute Expiration Date (CSED) was coming soon, and after that date, they couldn’t charge him a thing. What you don’t know CAN hurt you. Here at Boxelder, we can provide valuable information and expertise that can give you peace of mind and save you money.
Daryll was making good money as a trucker, but never filed his Form 1099. All the IRS could see was his income – they had no information on his expenses. After two years of failing to file his returns, Daryll owed the IRS over $240,000. After filing Daryll’s returns and correctly accounting for expenses such as gas and repairs, we were able to reduce his tax obligation to roughly $10,000. Simple accounting can save you hundreds of thousands of dollars, and Boxelder can make that happen.