Taxes and Tax Relief
“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 […]
Biden Proposes $80 Billion Increase To IRS Budget – What This Means For Taxpayers
President Biden has proposed allocating an extra $80 billion to the IRS over the next 10 years in an effort to beef up the agency’s authority. Administration officials believe that an IRS with more power to crack down on tax cheating will raise at least $700 billion within a decade. The administration also plans to […]
Looking for Tax Relief Companies? Here are 4 Red-Flag Signs of Tax Debt Relief Scams
Tax debt is stressful. It’s scary. And dealing with the IRS on your own can be all-consuming. Hiring the right tax relief company can help you ease that stress and save you time and money in the long run. But far too many “tax relief companies” act with bad intentions. They prey on your stress […]
Federal Taxes Waived on up to $10,200 of Unemployment Benefits – But Wait on Filing Your Amended Return
Two weeks ago, Joe Biden signed the American Rescue Plan Act of 2021, waiving federal taxes on up to $10,200 of unemployment benefits for single adults making less than 150,000 per year. For couples filing jointly, that number is doubled to $20,400. Since unemployment earnings are typically taxed just like normal wages, the unemployment tax […]