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Monday, December 2, 2019

Broadus Christmas Stroll

Join us on Friday, December 6th 
for the Broadus Christmas Stroll! 
 
Catch the sites and sounds of Who-Village outside on the big screen, then come inside for food, fun and crafts with Who-ville characters from 2-7pm! 
Plus, bid in our annual Christmas wreath auction to benefit the Kid’s Food Bag Foundation.

Wednesday, November 27, 2019

Happy Thanksgiving!

Happy Thanksgiving
from Gardner & Billing CPAs!
Our office will be closed on Thursday and Friday, November 28th and 29th.  
Have a wonderful holiday weekend!

Wednesday, November 20, 2019

Book Club Meeting Tonight

Don't forget the second gathering of the Building a Better Broadus Book Club is tonight at the office of Gardner & Billing CPAs PLLC. Join us at 6:30 for refreshments and real conversations. And don't let the name fool you, you don't even need to have read the book. 😉

Tuesday, November 12, 2019

Stop by our booth at the Powder River Ag Expo tomorrow from 3-7pm, visit with Melissa and enter our drawing to win 1 Free Hour of Personal or Business Financial Planning!!

Wednesday, November 6, 2019

Powder River Ag Expo Next Week

Plan on coming to the Powder River Ag Expo next Wednesday and be sure to stop by our booth and visit with Melissa. At Gardner & Billing CPAs, we understand the tax implications of the ranching industry. Our strengths are your numbers!

Thursday, October 31, 2019

Wednesday, October 23, 2019

Jessica Malone Achieves Enrolled Agent Certificate


Jessica Malone of Gardner & Billing CPAs PLLC recently achieved professional status as an Enrolled Agent.

What is an enrolled agent, you ask?
An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service. In addition to taxpayer representation, enrolled agents may provide tax consultation services and prepare and sign a wide range of federal and state tax returns.
 

So, is that like a CPA?
While both CPAs and EAs have expertise in taxes, the requirements to achieve these credentials differ. CPAs are licensed through the State. In Montana, CPA candidates must receive 150 credits in accounting and business at a college or university, meet the 2,000 hour experience requirement and then pass the four-part Uniform Certified Public Accountant Examination. CPAs not only study tax issues, they also gain expertise in accounting matters such as financial planning and auditing.

In comparison, EAs are authorized at the federal level. Candidates must pass a three-part series of tests called the Special Enrollment Examination that covers individual and business tax laws and representation issues. The enrolled agent exam focuses mostly on tax preparation matters and very little on general accounting practices. The State of Montana recognizes federal Enrolled Agent status for preparation of state return filings.

Both enrolled agents and certified public accountants enjoy virtually unlimited practice rights before the IRS. That means there are no restrictions to the types of tax issues they can handle and the type of taxpayers they can serve. Additionally, both tax professionals may represent tax clients before any type of IRS office. Lastly, EAs and CPAs are all required to meet specific ethical and continuing education requirements.
 

Jessica discusses her path to becoming an Enrolled Agent…
I started at the firm with Dave and Melissa in September of 2013 and just finished my 6th year at this office. Although I briefly considered the CPA path, Enrolled Agent was an easy decision for me based on the licensing requirements, since I have a Bachelor of Arts in Linguistic Anthropology. I never took a single accounting class in college! So rather than starting from scratch with college courses, I decided to use the practical knowledge I’d achieved through my employment and embark on the road of self-study of IRS material. Dave and Melissa have both been very supportive of this process. Enrolled Agent is knowledge-based and determined by scores on the examination testing. Once I passed the three part exam, I then had to pass a background and tax compliance check before receiving my certificate issued by the IRS. I am especially inspired by Melissa and I look forward to growing my experience base with this team.