What the 2026 Tax Changes Mean for You
Stay ahead of the 2026 tax changes with Boxelder Consulting. Learn what’s changing for capital gains, deductions, and credits. As the new year approaches, the IRS has released its annual inflation adjustments, and the new list is full of 2026 tax changes that will affect almost every taxpayer. Between higher capital gains thresholds, adjusted standard […]
3 Filing Mistakes That Cost You – and How Boxelder Keeps Them Off Your Return
Tax law is complex, but the IRS says the errors that delay the most refunds are simple. Paper returns run an eye-watering 21% error rate, compared with <1% for e-filed returns. Below are the three filing mistakes that cost you money we see most often – and how our team makes sure they never touch […]
How to File Your Taxes in 2025 for Last-Minute Filers
Tax season is fast approaching, and if you find yourself scrambling to file your taxes at the last minute, don’t worry—you’re not alone. Whether you’re a procrastinator or simply didn’t realize how much you still need to do, you can still get your taxes filed correctly, even under time pressure. Here’s your essential guide on […]
A Guide to Filing Taxes for Freelancers and Gig Workers in 2025
Are you a freelancer, gig worker, or independent contractor preparing to file your taxes for the2024 tax year? Whether you drive for Uber, Lyft, DoorDash, or Grubhub, sell goods online, or offer professional services through platforms like Fiverr and Upwork, understanding how to file your taxes as a freelancer is crucial. Here’s everything you need […]
New IRS Standard Deductions for 2025 Tax Year
The Internal Revenue Service (IRS) announced on Tuesday new inflation-adjusted tax brackets for 2025. The IRS also revealed an increase in the standard deduction to $15,000 for single filers and $30,000 for married couples. These changes will apply to income earned in 2025 and reported on tax returns filed in 2026. While the marginal tax […]
Understanding IRS Notice CP21A: What You Need to Know
Receiving letters from the IRS regarding changes to your tax return can be unexpected. IRS Notice CP21A is a letter explaining that changes were made to your tax return, and you owe money. This guide will explain IRS Notice CP21A in detail, providing insights into its implications and offering guidance on how to address the […]
Understanding IRS Notice 12C: What You Need to Know
If you’ve recently received IRS Notice 12C, here’s what you need to know. Taxpayers receive IRS Notice 12C when further details are needed for tax return processing. This guide aims to clarify IRS Notice 12C, outlining what it entails and providing guidance on how to respond effectively. What is IRS Notice 12C? IRS Notice 12C […]
Understanding IRS Notice 3174: What You Need to Know
Getting letters from the IRS about unpaid taxes can cause worry and stress for taxpayers. Understanding what the letter means, and what to steps to take next can go a long way to alleviate that stress. IRS Notice 3174 serves as a reminder to individuals with outstanding tax liabilities. This guide will help you understand […]
Understanding IRS Notice CP01: Safeguarding Your Identity
Receiving any letter from the Internal Revenue Service (IRS) can be a cause for concern. IRS Letters concerning potential identity issues can evoke even more uncertainty. One of the notices the IRS may send in such circumstances is Notice CP01. This guide explains IRS Notice CP01, its importance, and the steps you should take to […]