Montana news

Tax

Baucus Proposes Series of Sweeping Tax Reforms

Max Baucus released a series of comprehensive tax reform proposals over a three-day span. Specifically, the three drafts cover a restructuring of the international tax system, tax administration and fraud prevention techniques, and cost recovery deductions.
Tax

Coalition Presses Congress to Close Corporate Tax Loopholes

Groups in sixteen states already held or are holding events later this week to demand that Congress close corporate tax loopholes in order to help avoid more deep cuts to essential benefits and services.
Tax

Internet Sales Tax Clears Senate Hurdle

New legislation authorizing the states to collect sales tax from companies peddling their wares online breezed through the Senate on May 6 by a wide 69-27 margin. But the Marketplace Fairness Act is expected to face much tougher opposition in the Republican-controlled House of Representatives.
Tax

What's the Impact of Baucus' Retirement on Tax Reform?

Senator Max Baucus announced that he won't be seeking reelection in 2014. Instead, the Democratic senator from Montana intends to focus on helping to shape tax policy in our nation's capital until calling it quits for good.
Tax

Crime Watch: December 19, 2012

Yikes. If convicted on all counts of fraud and for filing false claims for tax refunds, former New Jersey chiropractor David Moleski faces a maximum potential sentence of 318 years in prison.
Education & Careers

UMT Dean Receives Outstanding Dean Award

The Outstanding Dean Award was presented to Larry Gianchetta, PhD, at the Beta Alpha Psi Annual Meeting in Baltimore, Maryland, on August 3, 2012.
Practice

Job Outlook for Bachelor's Degree Students Looks Bleak

A weak labor market has left half of college students (age twenty-five or younger) who graduated with a bachelor's degree either jobless or "underemployed" ? a troubling statistic.
Tax

IRS Seeks Volunteers for Taxpayer Advocacy Panel

The IRS is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies key issues, and makes recommendations for improving IRS service.
Tax

Sales Tax on Online Purchases Is On the Rise

This holiday season, online shoppers will find more states are looking to make sure gift givers also give their state its fair share – in terms of sales tax for online purchases.
Tax

IRS filling vacancies on Taxpayer Advocacy Panel

The Internal Revenue Service is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies key issues, and makes recommendations for improving IRS service.
Tax

Tax Foundation releases state business tax index

South Dakota's tax system is most welcoming to economic activity while New York's tax code ranks 50th as the least hospitable, according to the Tax Foundation's most recent edition of the State Business Tax Climate Index, which ranks the tax systems of the 50 states.
Tax

What voters said about tax hikes in November elections

As lawmakers try to solve budgetary shortfalls by raising taxes in most states, taxpayers are not pleased, and they said so earlier this month at the polls.
A&A

Consumers expected to tighten belt with holiday spending budgets

While the National Retail Federation is predicting a modest 2.3 percent increase in holiday retail sales this year, some consumers are not planning to open their wallets too far – or at all.
Community News

Peterson Sullivan acquires Seattle office of Anderson ZurMuehlen

Seattle-based CPA firm Peterson Sullivan LLP this week announced it will combine with the Seattle office of Anderson ZurMuehlen & Co. PS, an accounting and business advisory firm based in Montana. The two Seattle firms will operate as Peterson Sullivan LLP effective November 1.
Workplace Fitness

Colleen Black honored for promoting work/life balance

Colleen Black, of Billings, MT-based Colleen Black & Company P.C., recently received the Local Balance award by the American Society of Women Accountants (ASWA) for her firm’s support of staff balancing life and work.
Practice

Why all managers should attend employment law training

Managers need to understand and be familiar with employment laws because acting within the law, following the company’s policies, and avoiding liability are all part and parcel of the manager’s job duties.
Practice Management

Managing medical marijuana use in the workplace

For employers with operations in the 14 states that have legalized marijuana for medical purposes, it is a difficult task to juggle the need for a drug-free workplace environment and the rights of employees who have prescriptions to legally use marijuana.
Practice

Most executives remain confident about business growth

Six percent of chief financial officers said they plan to hire full-time accounting and finance employees during the third quarter of 2010, while 9 percent anticipate staff reductions. Despite those numbers, CFOs remain optimistic about the outlook for their businesses.
Education & Careers

Accounting Scholarship Programs

AccountingWEB has compiled a list of scholarship opportunities for accounting students.
Tax

House unanimously passes bill to expedite tax deductions for Haiti contributions

The U.S. House of Representatives voted unanimously to approve legislation that would allow taxpayers to take a deduction on their 2009 tax return for 2010 contributions to relief efforts for Haiti earthquake victims.

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