The Firm of Gardner & Billing, CPAs PLLC

Happy Halloween from Gardner & Billing CPAs!  Come visit us next week for Halloween treats! Broadus Trick-or-Treat Schedule 10:30am Storytime Trick-or-Treat Preschooler trick-or-treat around the courthouse square  3:30pm Trick-or-Treat for all ages   Meet at the library Preschoolers - 2nd grade go together as a group with adults 3rd grade and up receive a list of participating businesses 

Marsha Goetting, MSU Extension Family Economics Specialist, will be presenting an Estate Planning Workshop on Monday, October 30th, at 1:00 p.m. at the Broadus Community Center. Goetting will begin the workshop with effective methods of starting difficult conversations about estate allocation. Specific areas Goetting will cover include decisions about treatment of heirs and equal vs equitable; wills, trusts, probate, duties of the personal representative, joint tenancy transfer and transferring motor vehicles, power of attorney, basis in land, Montana Medical Care Savings Accounts, rights over your remains, letter of last instruction, common law marriage, and the Montana Endowment Tax Credit. Marsha's video guide to estate planning in Montana, based on Montana’s state laws, is a lively, helpful video that everyone can understand! It has lots of helpful tips presented in a fun, memorable way. More information on Marsha and estate planning resources can be found at the MSU E

https://www.irs.gov/newsroom/drought-stricken-farmers-and-ranchers-have-more-time-to-replace-livestock-under-irs-relief IR-2017-164, Sept. 27, 2017 WASHINGTON – Farmers and ranchers who previously were forced to sell livestock due to drought in an applicable region now have an additional year to replace the livestock and defer tax on any gains from the forced sales, according to the Internal Revenue Service. An applicable region is a county designated as eligible for federal assistance plus counties contiguous to that county. This relief generally applies to capital gains realized by eligible farmers and ranchers on sales of livestock held for draft, dairy or breeding purposes. Sales of other livestock, such as those raised for slaughter or held for sporting purposes, or poultry are not eligible. To qualify, the sales must be solely due to drought, flooding or other severe weather causing the region to be designated as eligible for federal assistance. Under these circumstances, liv

For 2017, the IRS, the states and the tax industry joined together to enact new safeguards and take additional actions to combat tax-related identity theft. Many of these safeguards will be invisible to you, but invaluable to our fight against these criminal syndicates. If you prepare your own return with tax software, you will see new log-on standards. Some states also have taken additional steps. See your state revenue agency’s web site for additional details. We also know identity theft is a frustrating process for victims. If you become a victim, we are committed to resolving your case as quickly as possible. What is tax-related identity theft? Tax-related identity theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund. You may be unaware that this has happened until you efile your return and discover that a return already has been filed using your SSN. Or, the IRS may send you a letter saying we have identified a susp