How to Navigate The Colorado Sales Tax Forgiveness Program For Food & Beverage Industries
Colorado recently enacted legislation allowing retailers in the restaurant, bar, mobile food service, and catering industries to receive sales tax forgiveness for the period of July through September 2022. As a result of the COVID-19 pandemic, the Colorado Department of Revenue introduced House Bill 1004, Covid-19 Sales Tax Relief in December 2020. The measures of […]
UPDATED: Colorado Taxpayers To Receive $800 TABOR Refund in 2024
Updated Thursday, January 11th, 2024 The next round of TABOR refund checks will be in Spring, 2024. Colorado taxpayers can expect their state refund after filing their Colorado state income taxes. Here’s what you need to know: Your 2024 TABOR refund will continue to be considered non-taxable income. Your TABOR refund will be processed upon […]
TurboTax Lawsuit: FTC Sues Intuit Over Misleading ‘Free Filing’ Ads
You know the ads: “Free free, free free free free.” For years, TurboTax maker Intuit has run ad campaigns focusing on the word, “free,” but can all TurboTax users really file their taxes for free? The answer is actually no (more on that later), and in a lawsuit filed March 27 of this year, the […]
“A New Era Of Enforcement”: What The IRS Hiring Surge Means For You
Last week, the Washington Post reported that the IRS plans to hire 5,000 new employees in the next month. Along with the implementation of a second “surge team” of reassigned employees and contractors, the move represents the agency’s most aggressive effort yet to address its massive backlog of tax returns and correspondence — a result […]
Tax Season 2022 – Tax Credits & Deductions
Tax season 2022 is officially here. And with the IRS continuing to grow overwhelmed by its increasing backlog, it’s shaping up to be another chaotic one. Luckily for taxpayers, the CPAs and tax experts at Boxelder Consulting are always just a phone call away. Voted one of Denver’s best tax services in 2022, our team has […]
Boxelder Named One Of Denver’s Best Tax Services For 2022
Boxelder Consulting is honored to announce that our firm has been named to Expertise.com’s list of the Best Tax Services in Denver for 2022. Our team was selected from a competitive pool of more than 150 Denver tax firms, earning recognition for our qualifications, level of experience, availability, professionalism, and reputation. Expertise specifically highlighted Boxelder’s […]
“Guilty Until Proven Innocent” — Navigating IRS Collections During A Pandemic
You’ve just picked up your mail, and as you’re flipping through the stack of bills and promotional flyers, the little black logo in the top left corner of one envelope catches your eye and sends a pang of anxiety through your chest. The IRS is trying to contact you, and unfortunately, this time, it’s not […]
Denver IRS Office to Hire 15 New Revenue Officers by End of Year
In prior articles, we’ve covered how the Biden Administration’s infrastructure bill proposes an $80 billion budget increase to the IRS over the next 10 years to enforce tax collections. And while the bill is expected to pass through the House of Representatives soon, it probably won’t become law until at least early October. But the […]
Boxelder Tax Relief: This is the #1 Question We Hear from Prospective Tax Relief Clients
The most common question I hear from prospective tax relief clients is this: Will hiring a tax lawyer make my situation worse? In other words, am I actually calling the IRS’s attention to my case by seeking tax debt resolution? This is a reasonable question, especially given the high stakes in these situations. But the […]