News

The Supreme Court on Thursday issued a stay of a nationwide injunction that banned enforcement of beneficial ownership information (BOI) reporting requirements, meaning the government can enforce the rules.

Modeled after the federal Low-Income Housing Tax Credit, the state credit in House Bill 21 aims to be one fix to the state’s persistent lack of housing and the high cost of existing homes.

Let’s dive into each skill/action and how you can use them in your day-to-day job to be able to be successful in your career.

Individuals and businesses owning business equipment (as of January 1, 2025) with an aggregate market value of more than $1 million statewide must report the equipment owned by March 1, 2025, to avoid a 20 percent penalty.

No, MTCPA does not oppose specific policies or funding decisions made by the state government, such as housing initiatives, adoption, or renewable energy efforts.

This article reviews these recent initiatives and finds reason to believe that progress is being made, even if much remains to be done.

On Dec. 31, 2024, the DOJ filed an emergency application with the Supreme Court to stay the district court injunction preventing enforcement of the CTA.

On December 26, 2024, the Fifth Circuit Court of Appeals vacated the stay on the BOI reporting injunction, effectively halting FinCEN's enforcement of reporting requirements. While filing remains voluntary for now, the situation beyond January 13, 2025, is uncertain.

On December 23, the Fifth Circuit Court granted FinCEN’s appeal to lift the injunction on BOI reporting.

The Helena School District is raising awareness about Montana’s Innovative Educational Program (IEP) Tax Credit.

The landscape of accounting education is continually evolving and one of the most significant catalysts for this change is having the instructor teaching an introduction to accounting class be an individual with professional experience.

A federal district court, finding that the Corporate Transparency Act (CTA) is likely unconstitutional, issued an order Tuesday prohibiting the enforcement of the CTA and the beneficial ownership information (BOI) reporting rule in the CTA's accompanying regulations.

The report ranks eight key competencies as well as 79 sub-competencies to help guide CPAs in their pursuit for senior corporate finance positions.

For the third year, the Governor has proclaimed November as Certified Public Accountants Month in Montana.

A focus on sustainability in academia seems to go a long way in helping younger students overcome the stereotype of isolated accountants crunching numbers.

The Montana Legislature has a new, interactive model to forecast impacts of a hypothetical sales tax in the state.

In its latest salary guide, Robert Half provides projected 2025 starting pay for eight positions: four in tax and four in audit.

The Rise and Risks of Tax-Based Fixed Indemnity Plans

Experts say young accountants should navigate this evolving profession by continually reevaluating their path with an open mind.

This guide will help you differentiate between a CPA and an accountant, as well as answer pressing questions about how these designations impact an accountant’s career path.