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Showing posts from 2020

IRS Announces Extension on Replacement of Livestock Due to Drought Declarations

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IRS: Drought-stricken farmers, ranchers have more time to replace livestock WASHINGTON − Farmers and ranchers who were forced to sell livestock due to drought may have an additional year to replace the livestock and defer tax on any gains from the forced sales, according to the Internal Revenue Service. To qualify for relief, the farm or ranch must be in an applicable region. This is a county or other jurisdiction designated as eligible for federal assistance plus counties contiguous to it. Notice 2020-74 , posted today on IRS.gov, lists applicable regions in 46 states, the District of Columbia and four U.S. territories.  For Montana, the designated counties are Beaverhead, Broadwater, Gallatin, Jefferson, Madison and Powder River. The 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 p

2019 Extended Tax Return Filing Deadline

IRS reminds taxpayers who filed an extension that the Oct. 15 due date approaches File and pay electronically, request direct deposit for refunds WASHINGTON – The Internal Revenue Service today reminds taxpayers who filed an extension that the Oct. 15 due date to file 2019 tax returns is approaching. Taxpayers should complete their tax returns and file on or before the Oct. 15 deadline. Convenient electronic filing options , including IRS Free File , are still available. Taxpayers and tax professionals should continue to use electronic options to support social distancing and speed the processing of tax returns, refunds and payments. Although Oct. 15 is the last day for most people to file, some taxpayers may have more time. They include: Members of the military and others serving in a combat zone . They typically have 180 days after they leave the combat zone to file returns and pay any taxes due. Taxpayers in federally declared disaster areas who already had

Announcing Our New Website & Domain Name!

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  We're excited to launch our new domain www.gandbcpa.com   Thank you to Horizon Marketing Agency for the new website design - the content is still a work in progress, but we're loving the fresh feel!  Please note this also means updated email addresses for our staff.  More exciting changes to come at Gardner & Billing CPAs!

Welcome to our new team member...

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  Please join us in welcoming the newest member of our Gardner & Billing team, Braelynn Powell! As our Client Services Director and Administrative Assistant, Braelynn will be welcoming all who step through our doors with her sunny smile.  We’re so pleased to have her with us and to be expanding our capacity to assist our new and existing clients!

New Hours of Operation

Summer is drawing to a close which means we're going back to  regular operating hours.  We're open Monday - Friday from 8am to 5pm (closed for lunch from 12-1).

Office Closure

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  Our doors will be closed on Wednesday, August 19th to facilitate some office updates.   We will periodically check voicemails and emails in order to assist with any emergency requests. Phone: 436-2583 Thank you for your understanding!  

It's fair week in Powder River County~

Enjoy some of the many fair activities planned for this week in Broadus!  Melissa will be out of the office later this week to help with exhibits so please contact us at the office today or tomorrow to reach her.