Blog
Our team brings decades of experience to the table. Nurture your personal and business growth with our extensive library of financial resources.
Tax Deductions and Credits for the 2025 Tax Year
We know that filing your taxes for 2025 can feel overwhelming, especially with new laws, credits, and deduction limits changing each year. Understanding which tax deductions and tax credits you qualify for can significantly lower your tax bill when you file in 2026. Here we break down the most important deductions and credits for individuals […]
Tax Law Changes Affecting 2025 Tax Returns
Federal tax rules change every year, but 2025 includes several important updates that may affect how much you owe, which credits you qualify for, and what documentation is required when you file in 2026. Some changes come from annual IRS inflation adjustments, while others are the result of new federal legislation, including the One Big Beautiful […]
One Big Beautiful Bill: What It Means for Your 2025 Taxes
The One Big Beautiful Bill (Public Law 119-21) was signed into law on July 4, 2025, and includes several tax provisions that take effect for the 2025 tax year. These changes affect individuals, families, business owners, and certain tax credits. If you are filing a 2025 tax return in 2026, some of the deductions, […]
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 the IRS Layoffs are Affecting Small Businesses and Taxpayers
The IRS is facing significant staffing challenges in 2025, with thousands of employees, including revenue agents and auditors, being laid off or resigning. This has the potential to impact how audits are conducted and how efficiently the IRS handles tax-related matters. As a small business owner or taxpayer, you might be wondering what this means […]
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 […]
Alternative Investments in Tax-Advantaged Accounts
When it comes to retirement planning, most investors think of traditional options like stocks, bonds, and mutual funds. However, alternative investments within tax-advantaged accounts can offer new opportunities for diversification, growth, and asset protection. Understanding how self-directed IRAs and other retirement plans can be used to invest in alternative assets is key to making informed […]