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Wednesday, November 15, 2017

Important Notice on Potential Tax Reform Changes




We are closely watching the possible legislative changes that the Senate Finance Committee and the House Ways and Means Committee are working on to create changes in the tax code. 

While the two committees are far apart on some of the issues, they are close to being in agreement on others.  As you know, the Senate and the House need to each pass their versions of the tax reform, and then a Joint committee made up of members from each the House and Senate need to agree on a compromise that will then be voted on by the Senate and the House.

It appears more likely than not that there will be some version of tax reform legislation.  It is too early to begin to make any planning moves based on the possibility of the legislative changes.  It is important to keep in mind that there may be changes coming, so any decisions for the future that have tax implications may be affected by this legislation.

As soon as we know what the final version of the "tax reform" is, we will be communicating with our clients.  You can expect a lot of press as the process moves forward; however, until the House and Senate have voted on the compromise presented by the Joint committee, we aren't going to know for certain what the changes are going to be.  This is a heads-up though, Tax reform is on the horizon and we all need to keep that in mind as we move forward.

Tax law is like Montana weather----we seldom get bored with it as it changes all the time!

In the meantime---Happy Holidays to you and your families.   Dave & Melissa

Wednesday, November 8, 2017

Honoring Our Veterans

Gardner & Billing CPAs wish to extend our gratitude and respect to all those who have served our country... 
yesterday, today and tomorrow. 

Wishing you a Happy Veterans Day.

Thursday, November 2, 2017

Trucking 2018 UCR Delayed Until Further Notice

If you operate a truck or bus in interstate or international commerce, the Unified Carrier Registration (UCR) program requires that you register your business with Montana Dept of Transportation and pay an annual fee based on the size of your fleet.  Registration for the upcoming 2018 period is typically due by December 31, 2017.  However, The UCR Board of Directors has announced a delay in the start of 2018 registrations.  The below notice was issued at the end of last week to address expectations for the opening of registration on November 1st. 
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October 27, 2017
TO: All State Administrators of the UCR Act
FR: UCR Board of Directors
RE: UCR 2018 Registration Delayed Until Further Notice


While we believe a new rule setting final fees is imminent, the Unified Carrier Registration (UCR) Board of Directors is delaying until further notice the start of the 2018 registration period while the Federal Motor Carrier Safety Administration (FMCSA) completes the rulemaking process for 2018 fees. We regret this inconvenience and appreciate your patience.


Due to this unanticipated further delay, UCR is recommending to all states that the enforcement period for 2018 compliance not begin until 90 days after the final rulemaking is published.
The fee levels being proposed are based on a recommendation submitted by UCR to the FMCSA in March 2017 to reduce fees for carriers at all levels by 9% in 2018.


Until further notice, please do not accept any carrier fees for the 2018 registration year. If received prior to the final rulemaking, please return to the entity that paid the fee.


We will continue to keep you updated as we become aware of relevant fee and registration information.

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The Montana Dept of Transportation has confirmed that they cannot begin processing 2018 UCR applications until the fee structure has been finalized.  Do not submit payments or registrations until registration has been opened.  

For additional information and updates on registration, visit the UCR website or contact the Montana Department of Transportation at (406) 444-2998.