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  1. Federal Income Tax Deduction on Montana Tax Return

    Several MSCPA members have contacted the Department of Revenue regarding the method limiting the deduction of federal income taxes paid as an itemized deduction on the Montana tax return to the amount of federal income taxes assessed on the 2018 federal Form 1040

  2. Private company GAAP alternatives: It’s not too late

    It would be understandable if leaders of some private companies have not had the time to consider adopting the private company GAAP alternatives created by FASB's Private Company Council (PCC). Implementation of new standards on revenue recognition and lease accounting has provided GAAP users with plenty to do over the past few years in addition to their regular workload.