Boxberger & Associates

11/02/2023

We are looking to add an awesome person to our amazing team!!! If you know someone looking for a job or if you are, please apply today!!

11/01/2023

Hey everyone!! We are finally on google!! I know what an accomplishment!!

If you don't mind, take a minute, hit them 5 stars and leave a comment if you wish!! All you have to do is click the link below!

Post a review to our profile on Google

08/25/2023

ANNOUNCEMENT ALERT!!!

It is with great pleasure to announce that we will be opening an office in the area of Cedar Creek in Olathe, KS!!!

We are thrilled to bring our small town roots to the families and businesses of the big city.

08/21/2023

Be on the lookout for a big announcement later this week!!!!

07/01/2021

The portal to opt out of the child tax credit opened a few days ago.

Use the following link if you would like to opt out or would like more details.

https://www.irs.gov/credits-deductions/child-tax-credit-update-portal

If you have questions on what the advance payments are, how to opt out, or any general questions in regards to how it could change your 2021 tax return, reach out to your associate today!

Unenroll if you don’t want to get advance Child Tax Credit payments or check if you’re enrolled.

01/11/2021

It’s a beginning of a new year, which brings us to year end filings and of course the beginning of tax season !! Your tax forms will be finding your mailbox soon. Once you have all your information required to prepare your 2020 income tax returns, contact one of our tax professionals to set up your appointment.

For 2021, the deadline for W-2s and 1099s is February 1, 2021. If you believe you need to issue either, please make sure to contact your tax professional.

As most of you have seen, Congress has passed a second stimulus package. You may have noticed an increase in your bank account in the past week, as each eligible individual will receive $600 or $1,200 per couple. This time around each dependent will also receive $600. If you have a family of four, this could mean an extra $2,400 in your pockets. These numbers could be limited depending on your 2019 AGI. If you earned $75,000 or less ($150,000 for married filing joint (MFJ)), you will receive the full amount. If you did not receive the stimulus payment and believe you should have, please make sure to notify your tax professional when preparing your 2020 income tax return.

Once again, small businesses are included in the second stimulus package and allow businesses a second draw on their PPP loan, so long as they meet the requirements. To qualify for a second loan, small businesses must have fewer than 300 employees, unless you are in the restaurant or food service industry which stayed at previous requirement of PPP1 of less than 500 employees, have used their PPP1 loan prior to disbursement of PPP2 loan proceeds, and show a 25% reduction in revenue in any one quarter compared to the same quarter in 2019. If you were not in business in 2019 but were in business by February 15, 2020, please contact your tax professional to determine if your business qualifies.

There were many other individual and business provisions included in the bill passed in late December 2020. If you have any questions or want to apply for the PPP2, please give us a call to set up an appointment to discuss your personal or business needs.

We hope you all have a happy and prosperous new year!!

12/07/2020

Hoisington office will be closed Monday December 7 and Tuesday December 8 to attend tax conference. If you leave a message I will get back with you as soon as possible.

11/16/2020

PPP Loan Forgiveness - while the forms are available and many banks are pushing people to get their forgiveness applications in, we are suggesting you and your business wait. The SBA intended for the loan to be nontaxable but the IRS has stated they believe it should reduce the expenses associated with the forgiveness. We are advising to wait due to this uncertainty.

If you would like to start the process of getting your application ready for submission, contact us today!!!

07/13/2020

Friendly reminder that the tax deadline is this Wednesday, July 15! It is also the due date for your 1st and 2nd quarter estimates.

Not ready to file? No worries, just give us a call and we will get your return on extension.

PPP Extension - there are still funds available and the deadline has been moved to August 8, 2020. If you have not applied and you think you and/or your business might be eligible, please give us a call today.