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BOI resources from AICPA

January 05, 2024

New podcast, plus risk alert and town hall recordings

  • econnect
  • aicpa

Sky-High Living

January 01, 2024

With stunning scenery, outdoor recreation and an independent spirit, Montana might be your perfect place to call home.

  • montana connections

Changes To Several Montana Income Tax Credits

December 27, 2023

Four existing Montana income tax credits were updated during the 68th Montana Legislature.

  • dor
  • econnect
  • legislature

The Top 100 Most Influential People in Public Accounting — 2023

December 05, 2023

MTCPA member - Rick Reisig - among the list.

  • member spotlight

New Federal Reporting Law Carries Hefty Penalties for Small Businesses

December 04, 2023

In January 2021, the United State Congress enacted the Corporate Transparency Act (CTA), with a goal of detecting and reducing money laundering, fraud, and other misconduct through shell companies. As part of the legislation, almost all entities are required to file a report with details about their owners and the individuals who register the entity to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.

Montana Department of Revenue Releases Updated Wage Withholding Tax Tables and Employee Withholding Form

November 20, 2023

The department has updated its wage withholding tax tables (Employer and Information Agent Guide) as well as the employee’s withholding and exemption certificate (Form MW-4) after major changes to Montana’s income tax system, including lower income tax rates.

  • dor
  • econnect

Montana High Schools Participate in ‘Accounting Opportunities Experience’ during the month of November

November 16, 2023

The Montana Society of CPAs (MTCPA) is pleased to announce the second year of Accounting Opportunities Experience, a collaboration between state CPA societies and the AICPA to raise awareness of accounting career opportunities among high school students.

  • pipeline
  • press
  • student

Five Simple AI Strategies to Unlock More Freedom and Productivity in Your Practice

September 11, 2023

The very essence of AI is the removal of unnecessary busy work. The more of this you can do in your firm, the more you will be able to optimize productivity.

  • econnect
  • ai

IRS offers extra time for Roth catch-up contributions

August 25, 2023

The Internal Revenue Service is giving people until 2026 to comply with a new requirement for Roth catch-up contributions.

  • econnect
  • irs

BEC/New Exam Disciplines Application Chart

August 14, 2023

In advance of the updated CPA Exam launching in January 2024, the National Association of State Boards of Accountancy has provided the chart below showing the deadlines established by each U.S. jurisdiction for applying to take the current BEC section as well as the first day applications will be accepted for new CPA Exam disciplines (BAR, ISC, TCP).

  • student

The Impact of the SALT Cap on the Marriage Penalty, Business Entity, and Residency

August 01, 2023

For many years, Congress has passed income tax laws designed to mitigate the so-called “marriage penalty.” The marriage penalty occurs when a married couple with similar incomes incurs a higher tax liability by filing taxes jointly than if they would by filing as two single taxpayers. Examples of such provisions by Congress to attempt to alleviate this burden include lower income tax brackets, increased alternative minimum tax (AMT) exemption amounts, and most notably a higher standard deduction for married taxpayers filing jointly.

  • econnect

AICPA Forms Advisory Group to Create Strategy to Address CPA Talent Shortage

July 31, 2023

The AICPA has formed an advisory group representing a broad spectrum of the accounting profession that will help shape a national strategy to address the profession’s talent shortage, including accounting students who go on to obtain a CPA license.

  • pipeline
  • press

Mental health matters

July 26, 2023

Why and how leaders can promote and foster psychological capital in the workplace through hope, efficacy, resilience and optimism. Courtesy of the Virginia Society of CPAs

  • mental health

Tax Advantaged Strategies to Help Clients Plan for Long-Term Care

July 03, 2023

As health care costs and life expectancy rates rise, CPAs should ensure their clients are preparing for the potential need for long-term care.

  • general

When death and taxes meet

June 28, 2023

The death, illness or even just retirement of a practitioner can leave behind not just an untended practice but many unanswered questions and a great deal of uncertainty about consequences for clients.

  • retirement

Why accountants need technology to protect the next generation of talent

June 24, 2023

With fewer and fewer individuals entering the accounting profession, Dext VP of Product Strategy Paul Lodder offers up an op-ed on how and why existing accountants need to leverage today's technology to protect tomorrow.

  • pipeline
  • ai

Tax, Accounting and Legal Pros are Cautiously Optimistic about Generative AI

June 21, 2023

Twenty percent of respondents said their firm or company has warned employees against the unauthorized use of generative AI at work.

  • econnect
  • ai

Case studies in forensic accounting

June 16, 2023

Forensic accounting is a specialized field that uses accounting, auditing and investigative skills to investigate and examine financial statements and records to uncover irregularities or fraudulent activities and identify and analyze financial data patterns, providing valuable insights to legal professionals.

  • student

Showcasing Change Is the Way to Boost Accounting Talent Pipeline

June 16, 2023

Accountants can address the shortage of young talent in the field by embracing new technology, committing to diversity, and investing in mentorship

  • pipeline

Accounting looks to recruit neurodiverse talent

June 15, 2023

Accounting and finance departments are hoping to diversify their workforce, especially with the ongoing shortages of young accountants joining the profession, but one segment of the population that's often left out of the discussion on diversity, equity and inclusion is "neurodiverse" or "neurodivergent" people.

  • general
  • mental health
  • pipeline
  • student