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20 Nov 17 Audra Walter

IRS, Taxes,

The Stress of Tax Debt: MIT Study Indicates Stress Can Lead to Risky Decisions

A new MIT study recently confirmed what many of us probably know, but don’t slow our brains down to recognize – that chronic stress, stress that is present over time, can lead to poor decision making. Oftentimes I speak to prospective clients that have difficulty seeing their way out of IRS tax debt. They are […]

04 Oct 17 Boxelder Consulting

Boxelder Consulting

Taxes,

Proposed Republican Tax Plan: How it Affects You

Republicans Move Forward on Tax Reform The federal tax plan being proposed by the GOP is out now. There are some significant changes being proposed and they will affect all income levels differently. The biggest thing to note are the proposed tax breaks, through deductions and tax credits; these change how much a person owes […]

29 Sep 17 Boxelder Consulting

Boxelder Consulting

Personal Taxes, Taxes,

Tax Deductions You May Not Know About

What is a tax deduction exactly? Simply, tax deductions lower your taxable income; this plays to your favor as the lower your taxable income is, the more cash you get to keep in your pocket when you go to pay taxes. There are deductions for all sorts of things; here are 8 tax deductions you […]

14 Sep 17 Boxelder Consulting

Boxelder Consulting

IRS, Taxes,

IRS Doing Its’ Part: Tax Relief to Hurricane Victims

In the wake of tragedy, our nation always manages to come together to help those in needs. Everyone from rock stars, sports stars, movie stars, politicians, have pledged relief to those affected. Now, the IRS is doing their part to provide relief to those affected by this tragedy. The IRS announced on Tuesday that victims […]

15 Aug 17 Dave Weishaus

Taxes,

Dirty Dozen List of Tax Related Scams

Each year the IRS publishes a “Dirty Dozen” list of tax-related scams. Here’s the list for 2015. Update 2/20/2017: For recent tax-related scams view Someone’s claiming I owe money to the IRS. Is this legit? Phone scams: Con artists impersonating IRS employees may call you, demanding money or promising a refund if you “confirm” your social security number. Remember […]

17 Apr 17 Boxelder Consulting

Boxelder Consulting

IRS, Taxes,

Breaking: Private Debt Collection Agencies to Chase Down Your Debt in 2017

Estimated Reading Time: 8 Minutes The mainstream media has now started picking up on the IRS private debt collection program. We reviewed the Private Collection of IRS Debt back in January in our post Someone’s Claiming I Owe Money To The IRS. Is This Legit?. View the post to learn how you can protect yourself and […]

08 Mar 17 Boxelder Consulting

Boxelder Consulting

Taxes,

4 Important Things You Didn’t Know About Trust Funds & The IRS

Estimated Reading Time: 5 Minutes As a business owner, whether small or large, you have an obligation to withhold money from your employees’ paychecks for Medicare and Social Security taxes. This is no small matter. The IRS holds you (the employer) accountable to collect these trust fund taxes on a monthly or quarterly basis. An […]

04 May 16 Dave Weishaus

Taxes,

Why LeBron gets a Social Security tax break

[vc_row][vc_column][vc_custom_heading text=”Why LeBron gets a Social Security tax break ” font_container=”tag:h1|text_align:center” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The following article is from bankrate.com ” LeBron James is not only one of the world’s best and most famous basketball players. He seems to always find his way into tax conversations. When he left his hometown Cleveland Cavaliers in 2010 to join the Miami […]

14 Sep 15 Dave Weishaus

Taxes,

What You Need to Know When Seeking a Tax Lawyer & Reliable Tax Resolution Firm

  Estimated reading time: 4 minutes Clearing The Air: Why Some Tax Resolution Firms Have Bad Reputations Some tax resolution firms have bad reputations because they are known for preying upon taxpayers facing IRS collection action. Many of these malicious firms have earned their bad reputations because they purchase the contact information of delinquent taxpayers […]