Residential Clean Energy and Energy Efficient Home Improvement Credits Expiring 12/31/2025   Are you planning to install a new water heater, biomass stove, windows, doors, or insulation in your home?  Thinking about installing clean energy systems such as solar...

Social Security Benefits and the Enhanced Deduction for Seniors Social Security benefits remain taxable under the latest tax bill; what does that mean for you? Are Social Security benefits taxable? The short answer is yes. You must pay taxes on up to 85% of your...

Big changes are coming to Montana property taxes! In 2026, Montana is introducing a new homestead and rental property reduced property tax rate for qualifying properties.  All other residential properties (including cabins, second homes, short-term rentals, etc.) will...

Montana property owners will see significant changes to their property taxes in 2025 & 2026. In 2025, the property tax rate will be a function of assessed value with a new <$400,000 bracket added. The first $400,000 will be taxed at .76%, the next $1.1 million...

Filing period for 2024 Montana Property Tax Rebate: August 15, 2025 – October 1, 2025. Rebate amount: $400 or an amount not to exceed the property taxes paid on principal Montana residence for tax year 2024. Qualifications: Owned a Montana residence for at least seven...

Why is my refund lower?  Why do I owe more? Montana implemented a revised tax system effective 2024, designed to align more closely with federal tax filing standards. Sweeping changes mean many taxpayers will see changes to their 2024 Montana refund or even have a...

It's never too early to plan for the upcoming tax season.  While the 2024 tax code is far from finalized, some important changes have already been announced. Inflationary pressures have prompted changes to tax brackets and an increase in standard deductions for all...

Montana made significant changes to its tax filing process for 2024.  Taxpayers will see changes to their filing status, tax brackets, and the calculation of Montana taxable income. In an effort to bring Montana's taxation system into better alignment with federal...

Most taxpayers claim the standard deduction when they file their federal tax return. However, some filers may be able to lower their tax bill by itemizing when they file their tax return. Before choosing to take the standard deduction or itemize, it’s a good idea to...

The IRS reminds shoppers to protect their tax and financial data from identity thieves. All it takes is a few extra steps to prevent cybercriminals from stealing sensitive data, such as financial account information, Social Security numbers, and credit card...