by Rocky Mountain Accounting | Oct 29, 2024 | Uncategorized
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...
by Rocky Mountain Accounting | Aug 12, 2024 | Uncategorized
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...
by Rocky Mountain Accounting | Aug 8, 2024 | Uncategorized
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...
by Rocky Mountain Accounting | Jul 22, 2024 | Uncategorized
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...
by Rocky Mountain Accounting | Dec 3, 2018 | Uncategorized
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...