by Rocky Mountain Accounting | Sep 18, 2025 | Uncategorized
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...
by Rocky Mountain Accounting | Aug 7, 2025 | Uncategorized
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...
by Rocky Mountain Accounting | Aug 6, 2025 | Uncategorized
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...
by Rocky Mountain Accounting | Aug 5, 2025 | Uncategorized
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...
by Rocky Mountain Accounting | Aug 4, 2025 | Uncategorized
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...
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...
