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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, […]
PSA: Boxelder Consulting Is a Proud Ally — And We’re Not Going Anywhere
At Boxelder Consulting, our work goes far beyond tax relief and accounting. We help businesses stay compliant. We guide individuals through the stress of IRS issues. But more than anything, we believe in showing up for people with respect, care, and integrity. Now that the fall tax season has passed, we want to take a […]
Boxelder Named One Of Denver’s Best Tax Services For 2023
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 2023. 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. This is Boxelder’s second […]
IRS Delays $600 Payment Threshold for Third-Party 1099-K Issuance
The $600 Payment Threshold for Third-Party Payments Has Been Delayed — See How This Affects You Just before the holidays, the Internal Revenue Services announced they would delay their new $600 reporting threshold for third-party settlement organizations (TPSOs). The new reporting threshold, which was announced as part of the American Rescue Plan of 2021, had […]
How Biden’s New Tax Changes Could Affect You
Understanding The Changes To The Tax Code Under The Inflation Reduction Act The Inflation Reduction Act, one of the Biden Administration’s major pieces of legislation, received Congressional approval in August and was recently signed into law. Among the provisions of the Inflation Reduction Act are numerous significant changes to the tax code that could affect […]
Boxelder Attends Synergy 2022 Thomson Reuters Conference
Boxelder Consulting Attends Synergy 2023 – Thomson Reuters Annual Conference For Tax And Accounting Firms Earlier this month, our nation’s capital got a much-needed boost of ethics and responsibility, as members of Boxelder Consulting’s award-winning tax team came into town for Synergy 2022. Hosted Annually by Thomson Reuters, the Synergy User Conference For Tax And […]
2023 Tax Bracket Changes and IRS Annual Inflation Adjustments
On October 18, 2022, the IRS released its annual inflation adjustments for the 2023 tax year, which includes changes to more than 60 tax provisions, including tax rate schedules and the standard deduction. The agency releases these adjustments annually to account for inflation and prevent what is called “bracket creep.” Bracket creep refers to inflation […]
IRS Hires 4,000 As Agency Prepares For Enforcement Push
Don’t get caught unprepared — the IRS enforcement push is right around the corner. According to CNBC, the IRS has hired 4,000 new workers as the agency prepares for the 2023 tax filing season. The agency plans to hire 1,000 more before the end of the year, with most training being complete by Presidents Day. […]