The Firm of Gardner & Billing, CPAs PLLC

IRS - December 26, 2017 : The IRS is working to develop withholding guidance to implement the tax reform bill signed into law on December 22.  We anticipate issuing the initial withholding guidance in January, and employers and payroll service providers will be encouraged to implement the changes in February. The IRS emphasizes this information will be designed to work with the existing Forms W-4 that employees have already filed, and no further action by taxpayers is needed at this time. Use of the new 2018 withholding guidelines will allow taxpayers to begin seeing the changes in their paychecks as early as February.  In the meantime, employers and payroll service providers should continue to use the existing 2017 withholding tables and systems. For more information or to follow this news alert, visit https://www.irs.gov/newsroom/irs-statement-withholding-for-2018

The office of Gardner & Billing CPAs will be closed on Monday, January 1st for New Year's Day.   We wish you a happy and healthy 2018!

Our office will be closed on Monday, December 25th for Christmas Day. From all of us at Gardner & Billing CPAs,  we wish you a safe and happy holiday season. 

Senate passes tax-reform bill; House must revote  The Senate voted early today to approve the Tax Cuts and Jobs Act, but it voted on a version that differed from the bill the House of Representatives had passed hours earlier, so the House must vote again before the tax-reform legislation can be sent to the president for his signature. Follow us for more information as it becomes available and news on what the changes mean for you.

Montana’s Minimum Wage is set to rise to $8.30 per hour effective January 1, 2018 pursuant to Montana Code Annotated 39-3-409.   The current 2017 wage is $8.15, which means an increase in 15 cents per hour.   No tip credit, training wage or meal credit is allowed in the State of Montana, so all businesses covered by the Fair Labor Standards Act are required to pay at least Montana minimum wage.   The law requires a minimum wage adjustment based on changes in inflation as measured by the Consumer Price Index (CPI) from August of the preceding year to August of the year in which the calculation is made.   An adjustment to the minimum wage is to be calculated no later than September 30 of each year based upon any increase in the CPI, rounded to the nearest five cents.   Also, remember that overtime hours are calculated on a weekly basis, and NOT a bi-weekly basis! Employees who work in excess of 40 hours in a single workweek must receive over...

Bidding begins today and we encourage you to drop by our office or comment on our Facebook post to take this beautiful handmade wreath "home for the holidays"! All proceeds benefit the Broadus Senior Center and remember, Gardner & Billing CPAs will match the winning bid up to $50! Bidding will end after the stroll on Friday, so keep an eye on this one!

At Gardner & Billing CPAs we’re excitedly forming plans for the Broadus Christmas Stroll taking place on Friday, December 1st! We felt that our Christmas Wreath Silent Auction was such a success last year that we’ll be recreating the event again in 2017. This year we’ll be designing a single Christmas wreath for auction and plan to open bidding on Wednesday, November 29th. You can bid online via our Facebook page or stop by our office to bid in person, up through the night of the Christmas Stroll. All proceeds on the auction will go to assist in bringing the Senior Center “home” to their location downtown. Plus, Gardner & Billing CPAs will match the winning bid for a contribution up to $50! We want to continue our tradition of being a family-friendly stop on your stroll. Santa’s Christmas elves will be handing out drinks, treats and a fun coloring craft during the stroll from 3-6pm. We encourage kids of all ages to stop by on Friday to pick up a stocking to take home...