Post Archives

Author: Tom Conradt

Looking for Tax Relief Companies? Here are 4 Red-Flag Signs of Tax Debt Relief Scams

Tax debt is stressful. It’s scary. And dealing with the IRS on your own can be all-consuming. Hiring the right tax relief company can help you ease that stress and save you time and money in the long run. But far too many “tax relief companies” act with bad intentions. They prey on your stress […]

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Federal Taxes Waived on up to $10,200 of Unemployment Benefits – But Wait on Filing Your Amended Return

Two weeks ago, Joe Biden signed the American Rescue Plan Act of 2021, waiving federal taxes on up to $10,200 of unemployment benefits for single adults making less than 150,000 per year. For couples filing jointly, that number is doubled to $20,400. Since unemployment earnings are typically taxed just like normal wages, the unemployment tax […]

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Double Your Stimulus: Boxelder Teams Up with KOA NewsRadio to provide $1400 Checks to Callers

What could make your stimulus even better? How about doubling it! Boxelder Consulting has teamed up with KOA NewsRadio and iHeartRadio to give taxpayers a chance to win an extra $1400. How to Win Your Extra $1400 Check Listen to KOA NewsRadio on weekdays at 5am, 8am, 10am, 1pm, 3pm, 6pm. Text the nationwide keyword you hear […]

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IRS Extends the 2020 Tax Return Filing Deadline to May 17

The IRS announced Wednesday that it will delay the April 15 tax-filing deadline to May 17. This gives individual taxpayers an extra month to file their 2020 returns and pay any outstanding levies. The announcement comes several weeks after Congress called for an extended tax season to help taxpayers struggling during the COVID-19 pandemic. And […]

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IRS Making Progress on its Backlog, But Still Has 6 Million Tax Returns Left to Process

Last week, I spoke with a source from the IRS, who gave me some valuable information on the state of the agency’s enormous backlog of tax returns. He said that at the height of the October filing season for the 2020 extension deadline, the IRS had 17 million paper-filed tax returns left to process. Since […]

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Lifting the “Black Cloud”: How to Navigate IRS Debt in the Time of COVID-19.

One of my new clients gave me a call last week to talk about his tax debt. As he described his struggles, he expressed something that really resonated with me. “I have years of unfiled tax returns,” he said. “But I’m not receiving anything from the IRS. There’s just a black cloud hanging over me, […]

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Congress Asks the IRS to Extend the 2020 Tax Season. Will the April 15 Filing Deadline Change?

Update 3/2/2021: The IRS has extended the Tax Filing Deadline to June 15th for Oklahoma and Texas. The April 15 tax filing deadline is fast approaching — maybe a little too fast. Because we’re still dealing with the awful ramifications of COVID-19, Congress has asked the IRS to extend the tax return filing season beyond […]

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What are the Federal Income Tax Brackets for 2020 and 2021?

It’s the start of a new year, and with that, the start of the 2020 tax filing season. These next few months can be complicated for taxpayers. On the one hand, we’re looking back at 2020 to prepare our returns and file by the April 15 deadline. But at the same time, we’re already looking […]

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Expect the IRS to Take at Least 5 Months to Process Your Paper-Filed Tax Returns

Since the beginning of the COVID-19 lockdowns, the Boxelder team has helped hundreds of clients file past due tax returns via mail. For one of those clients, the returns were filed on September 4th. We didn’t receive confirmation from the IRS that our client’s returns were processed until yesterday – February 4th. That’s a five-month […]

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