Boon Tax Group LLC

Boon Tax Group LLC We represent individual and business taxpayers facing tax controversies with the IRS and selected state tax authorities.

Services include collections alternatives, audit defense and consulting by licensed Enrolled Agents who are former IRS agents.

Millions of taxpayers may have overlooked refund opportunities connected to COVID-era IRS penalties and interest.Victori...
05/12/2026

Millions of taxpayers may have overlooked refund opportunities connected to COVID-era IRS penalties and interest.

Victoria Boon from Boon Tax Group was recently quoted by CNBC regarding the developing Kwong v. United States litigation and the growing discussion surrounding IRS disaster-relief deadlines during the COVID period.

For some taxpayers, the issue could involve:

• Failure-to-file penalties
• Failure-to-pay penalties
• Certain interest charges
• Refund claims that may expire soon if no action is taken

The important thing to understand is this:

The IRS generally does not pause refund statutes simply because the law is unsettled. In some cases, taxpayers may need to act before the courts fully resolve the issue.

These are procedural and technical matters, and every situation is different. But if you or your business paid substantial IRS penalties connected to 2020–2022 filing periods, it may be worth reviewing your situation carefully.

CNBC article:
https://www.cnbc.com/2026/05/11/kwong-v-united-states-tax-refund-deadline.html

Boon Tax Group provides IRS representation and technical tax advisory for individuals and businesses dealing with audits, collections, penalties, and complex IRS procedural matters.

Learn more:
https://boon.tax

Our own Victoria Boon was quoted in CNBC today regarding audit risks and refundable credits! Way to go, Victoria!Link in...
04/15/2026

Our own Victoria Boon was quoted in CNBC today regarding audit risks and refundable credits! Way to go, Victoria!

Link in the comments!

Victoria was just featured on the Passive Income Pilots Podcast in Episode  #146:“Aircraft Tax Write-Offs Explained by a...
03/03/2026

Victoria was just featured on the Passive Income Pilots Podcast in Episode #146:

“Aircraft Tax Write-Offs Explained by a Former IRS Auditor”

If you own an aircraft, are considering buying one, or advise clients who do, this episode is worth your time.

Victoria draws on more than 20 years as an IRS Revenue Agent and walks through:

• What actually qualifies as a legitimate aircraft deduction
• Where owners and advisors commonly get it wrong
• The audit issues the IRS really looks at
• How to structure things correctly on the front end
• Depreciation traps and documentation landmines

If you are an aircraft owner, investor, pilot, or tax professional working with aviation clients, this is a helpful and practical overview of the landscape.

You can find Episode #146 of the Passive Income Pilots Podcast wherever you get your podcasts or on YouTube here: https://www.youtube.com/watch?v=4DeFN_4tALk

We appreciate the opportunity for Victoria to share clear, technically grounded guidance in an area that often generates confusion. If you have questions about aircraft taxation, reach out. Done right, it can be powerful.

Hosts Tait Duryea and Ryan Gibson welcome former IRS auditor Victoria Boon to cut through the noise around aircraft tax deductions. Learn how bonus depreciat...

The Internal Revenue Service Aircraft Campaign is active, and documentation is the battlefield.The IRS is scrutinizing a...
02/23/2026

The Internal Revenue Service Aircraft Campaign is active, and documentation is the battlefield.

The IRS is scrutinizing aircraft use, ownership structures, depreciation, and related-party transactions.

Victoria Boon is now offering Aircraft Tax Consultation focused specifically on documentation readiness and audit defense strategy.

If you own or operate an aircraft, you need to be able to substantiate:

• Business vs. personal use, flight by flight
• Proper allocation of expenses
• Depreciation eligibility and bonus treatment
• Lease arrangements and dry/wet lease documentation
• Related-party transactions
• S-corp or partnership treatment of aircraft activity
• Fringe benefit calculations for personal use

The IRS Aircraft Campaign is targeting high-income taxpayers and closely held businesses. When they open the file, they want logs, agreements, board minutes, reimbursement policies, and proof that your structure reflects economic reality.

The right time to get everything in order is before an audit or IDR arrives.

If you or your clients need a second set of experienced eyes on aircraft documentation and exposure risk, reach out to schedule a consultation with Victoria.

Big changes are coming for your 2025 taxes.A new federal tax law, the One Big Beautiful Bill Act (OBBBA), is now in effe...
12/09/2025

Big changes are coming for your 2025 taxes.

A new federal tax law, the One Big Beautiful Bill Act (OBBBA), is now in effect, and it resets several important tax rules for next year’s return.

Here’s what’s changing:
• New income-tax bracket thresholds
• A larger standard deduction
• A temporarily expanded SALT deduction (up to $40,000 for some taxpayers)
• New tax-favored savings accounts for children (“Trump Accounts”)
• Updated rules for deductions and credits the IRS is still releasing guidance on

What does this mean for you?

Your tax bill for 2025 may look different than it did in 2024, sometimes better, sometimes not, depending on your income, deductions, and family situation. Old assumptions about your refund or balance due may not hold under the new rules.

If you want to avoid surprises, this is the right time to:
• Double-check your withholding
• Review your estimated payments (if self-employed)
• Keep good records of deductible expenses
• Ask questions early before tax season hits

The IRS is already rolling out guidance, and more updates are coming:

OBBBA overview: https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions
2025 deductions & credits: https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors
Trump Accounts: https://www.irs.gov/trumpaccounts

12/03/2025

Congress just quietly changed how the IRS can “fix” your return. And it may finally rein in some of the worst math‑error notice problems that trouble taxpayers.

This is a big win for taxpayer rights: Congress has passed and the President has signed the Internal Revenue Service Math and Taxpayer Help Act, tightening the rules on when and how the IRS can automatically correct returns and assess tax using its “math error” authority. If you have ever been blindsided by a math‑error adjustment or a notice that seemed to come out of nowhere, you've already had experience with this.

The good news: the new law pushes the IRS to provide clearer notices, better explanations, and improved access to assistance. This is critical for taxpayers who might otherwise miss confusing letters and end up in collections. This is a development to watch as the IRS updates its procedures and letter templates.

Click the link in the first comment!

Worried about an IRS CP14 Notice?That letter means the IRS thinks you owe money. It’s the first step in their collection...
09/09/2025

Worried about an IRS CP14 Notice?

That letter means the IRS thinks you owe money. It’s the first step in their collection process, and there's more to come...

Here’s what most people don’t realize:
Owe under $100k? You usually have 21 days to act.
Owe over $100k? You’ve got 10 days.
Sometimes these notices are flat-out wrong.

Don’t ignore it!
Interest and penalties add up fast!
The next step could be liens or levies!

Your next move? Read my simple, updated guide that cuts through the noise. Check the comments for the link!

08/29/2025

The toughest part of solving people's tax problems isn’t wrangling with the IRS. It’s saying goodbye to the clients I’ve grown to enjoy working with.

Today I closed a case with a great client whom we helped secure a tax penalty abatement. I’ll miss his grateful messages and emails, but I’m glad to know his tax burden is behind him. That’s the best kind of goodbye.

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203 E Main Street #472
Jamestown, NC
27282

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