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Governor Steve Bullock Releases 2012 Tax Returns

Associated Press — Thu, 02 May 2013 14:48:39 +0000

Governor Steve Bullock and his wife Lisa made $176,000 last year and paid $32,000 in state and federal income taxes. The Democratic governor recently released his 2012 tax returns to the public like other governors before him. The couple had typical deductions like real estate taxes and mortgage interest. The Bullocks also reported giving [...]

Over 20 Million Dollars Pouring in to Montana Department of Revenue Every Day as Tax Season Closes

Jon King — Mon, 15 Apr 2013 22:36:15 +0000

As tax season comes to a close, last minute filers are keeping workers at the Montana Department of Revenue are on their toes.

The IRS Will Reportedly Use Social Media To See If You Cheated On Your Taxes

Rich Ledoux — Tue, 09 Apr 2013 14:33:42 +0000

Bad News…the IRS plans on checking Facebook and Twitter this year to see if you’re cheating on your taxes. Fortunately, they can’t Facebook stalk us all. It’ll just be people who’ve been flagged for an audit or potential audit: According to reports, this year, the IRS plans on using our Facebook and Twitter accounts as [...]

Nearly 250 Thousand Montanans Still Need to Do Their Taxes, Montana Department of Revenue Expands Services

Jon King — Wed, 03 Apr 2013 05:35:14 +0000

The tax deadline is almost here and many Montanan's still haven't paid their taxes.

Opponents Call Montana Tax Cut Proposals "Wealth Redistribution"

Associated Press — Wed, 13 Mar 2013 17:38:55 +0000

A Helena Democrat is asking the Republican-led Legislature to consider a tax hike for those earning more than $150,000. The proposal from state Sen. Christine Kaufmann would reduce state income taxes for all wage earners below that threshold. Kaufmann told the Senate Taxation Committee Wednesday her plan needs to be part of the broad discussion [...]

Broadwater County Raises Taxes to Make Up for 6 Year Shortfall

Associated Press — Tue, 12 Mar 2013 16:57:20 +0000

Broadwater County officials have increased property taxes to make up for shortfalls in its accounts for the Townsend and Three Forks school districts. County treasurer Doug Ellis says the county has collected the wrong amount of taxes for six years due. He says the county levied $256,750 less than it should have between 2006 [...]

Why You Should Beware of Tax-Refund Loans

Chris Chaberski — Wed, 06 Mar 2013 16:47:27 +0000

It takes at least a few days, sometimes longer, to receive your refund after you’ve filed your taxes with the IRS. Some people, though, just can’t seem to wait. This almost certainly is a bad decision. Not long ago, banks offered something called refund-anticipation loans, which basically meant that a bank would immediately lend you [...]

How to Stop Identity Thieves From Stealing Your Tax Refund

Chris Chaberski — Tue, 12 Feb 2013 16:08:54 +0000

Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.

Time For Tax Season – Tips For A Bigger Refund

Michelle — Tue, 10 Jan 2012 00:05:22 +0000

I’m NOT a certified tax person, financial adviser or anything of the sort. Heck, I’m not even a certified babysitter anymore. But anyone who knows me CAN tell you that I’m an absolute geek about money. It never ceases to amaze me the steps that my friends DON’T take, to not screw themselves come [...]

$250,000 A Year Makes You Wealthy….Kind Of

Michelle — Sun, 13 Nov 2011 11:47:31 +0000

So President Obama finally “picked a number” as to whom he’d refer to as the wealthier folks in the land. Let me preface this by saying I don’t care WHO said it…. the President, one of the financial talking heads of a financial network or one of the geniuses who is currently running for President. [...]

How To Deduct Travel Miles In Your Taxes, Better Start Tracking Now

95.1 The Moose — Mon, 13 Jun 2011 15:25:14 +0000

Over the months to come, we will be bringing you tax and accounting tips from CS and Company that we hope will be helpful in your business and personal life. Feel free to let us know topics you would like to know more about. We will try to keep it current, interesting and informative. Upcoming topics include costs savings of hiring a tax professional to prepare your taxes, deducting mileage, stashing tax free income away and changes in payroll taxes. Hope you’ll join me and utilize my tips!

How To File an Extension For Your 2010 Taxes

95.1 The Moose — Mon, 18 Apr 2011 21:43:18 +0000

Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.

For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.

It's important to remember that filing an extension doesn't extend the due date for any money you owe the IRS, and you will have to pay interest and possibly penalties on any money you send to the government after the April 18 deadline.

Read on for advice, from the IRS website, on who should and shouldn't file for an extension.

Seven Ridiculous State Taxes

95.1 The Moose — Fri, 15 Apr 2011 14:29:32 +0000

While doing (and paying) your taxes is the opposite of a good time, there are some taxes that are so ridiculous, they’re actually kind of fun. Well, maybe not so fun if you actually live in one of these states. Check out our list of seven ridiculous state taxes: Illegal Drug Tax – Tennessee In [...]

Five Forbidden Tax Deductions

95.1 The Moose — Tue, 12 Apr 2011 18:16:07 +0000

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower. Here’s a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS. 1. First Land Line If you happen to be one of the increasing number [...]

5 Helpful Tips for a Successful Tax Return

95.1 The Moose — Fri, 08 Apr 2011 19:43:56 +0000

It’s tax time! It can get overwhelming to file all alone. Here are a few resources that might help.
The IRS Website
The IRS’s website, while written in legalese, is the ultimate guide to everything you’ll need to know about your taxes. Here, you can download tax forms and find out which items are deductible. The site is a valuable resource if you’re filing your own taxes.

5 Great Ways to Spend Your Tax Refund

95.1 The Moose — Thu, 07 Apr 2011 20:06:08 +0000

It’s tax season, but that also means it's tax return season, too. In 2010, the average return was $3,036. That’s a lot of money to get at one time. With all that extra cash, you might be asking yourself, "How should I spend it?"

Here are few ideas.

Seven Celebrities Who Cheated on Their Taxes

95.1 The Moose — Fri, 01 Apr 2011 17:57:22 +0000

With tax day just around the corner, the IRS is readying itself to spot this year's round of tax evaders. Given the lack of impulse control and sense of entitlement among the celebrity set (we're looking at you, Charlie Sheen), it should be no surprise that the famous and the powerful are among the worst tax cheats out there. Here are seven celebrities who didn't pay the tax man, and ended up paying the price:

Voting To Increase Property Tax Monday Night

95.1 The Moose — Mon, 28 Mar 2011 16:04:01 +0000

The Bozeman School Board will vote this evening to determine how much they will need to increase the property tax. The increase will be put on the ballot of the May 3rd elections. How much of an increase do you think there should there be? Bozeman Daily Chronicle They have proposed asking for a $250,000 [...]

Obama Saves All Tax Payers Billions

95.1 The Moose — Tue, 01 Mar 2011 21:30:21 +0000

Wow, we have been wasting billions of dollars in tax payers’ money. Obama called for a detailed report to discover areas of spending that may be redundant or just plain dumb. What they found–546 such programs that fell into one of these categories. Even republicans are stating the obvious, “[This] makes us all look like [...]

2010 IRS Free File Available

Michelle — Tue, 18 Jan 2011 02:20:55 +0000

If your financial life is simple, you'll love this and be sure to take advantage of it. Getting help for free is always a good idea. -Michelle

Starting Friday, eligible taxpayers can prepare and e-file federal tax returns for free through the IRS Free File program.