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Local Bozeman Questions
What Records Should a Montana Contractor Keep, and for How Long?
Montana's build season is short. Most contractors here cram nine months of paperwork into six months of actual work, then wonder what to do with all of it once winter hits. Here's a straight answer. What records should a Montana contractor keep, and for how long? Keep most financial records at least 3 years. That matches the general IRS rule for how far back the IRS can look at a filed return. Keep payroll records at least 5 years to stay ahead of Montana's wage claim window.
1 day ago4 min read
Does Montana's Lack of a Sales Tax Change Your Bookkeeping?
If you moved your business to Montana, or started one here, you've probably heard the pitch: no sales tax. It's true, and it's one of the best things about running a business in this state. But it doesn't mean your books look nothing like a business in Idaho or Washington. Some things get easier. A few things still need attention, especially if you sell online or have any tie to a resort town like Big Sky. Does Montana's lack of a sales tax change your bookkeeping? Yes, but l
Sep 14 min read
Do I Need a Bookkeeper or an Accountant?
If you run a service business in Bozeman, you've probably asked yourself this question. Maybe your bank balance never seems to match how busy you've been. Maybe tax season sneaks up on you every year. Either way, it's a fair question, and the answer is simpler than it sounds. Do I need a bookkeeper or an accountant? Most small businesses need a bookkeeper first. A bookkeeper handles your daily numbers: invoices, bills, payroll, and bank reconciliation. An accountant works fro
Aug 254 min read
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