Category: News

Are scholarships tax-free or taxable?

  With the rising cost of college, many families are in search of scholarships to help pay the bills. If your child is awarded a scholarship, >>

4 ways to prepare for next year’s audit

  Every fall, CPAs are busy preparing for audit season, which generally runs from January to April each year. This includes meeting with clients, assigning staff >>

IRS issues warnings: ERC scams

Amid urgent concerns about scams, the IRS has immediately halted acceptance of new claims for the Employee Retention Credit (ERC), at least through year end. IRS >>

Updates on the Montana Property Tax Rebate

Deadline to apply is October 1. Here is a screenshot of where to locate the rebate application on the Montana TAP website (https://tap.dor.mt.gov/_/): It has been >>

2023 IRS Changes to Tax Form 1099-K

What the lower threshold reporting requirement means, and how it will impact individuals and businesses. Attention personal and business tax filers! The IRS has implemented changes >>