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...
by Rocky Mountain Accounting | Sep 11, 2018 | Uncategorized
A natural disaster can strike any time; the Internal Revenue Service is reminding individuals and businesses to take time now and create or update their emergency preparedness plan. Individuals, families and businesses begin getting ready for a disaster with a...
by Rocky Mountain Accounting | Dec 28, 2017 | Uncategorized
Taxpayers can take steps to ensure smooth processing of their tax return next year. Here are three things taxpayers should know about the tax returns they will file next year. 1) It’s important to gather documents The IRS urges all taxpayers to file a complete and...
