Montana · No sales tax, two-bracket income tax
CPA, bookkeeping & fractional CFO services in Montana
Montana has no general sales tax and a simplified two-bracket personal income tax, with an economy built on agriculture, tourism and a growing remote-work and real estate market. CPA Torrance is a CPA-led firm based in Torrance, California that provides bookkeeping, tax planning, tax filing and fractional CFO support to Montana businesses remotely.
- Serving all of Montana remotely
- Montana Form CIT, PR-1 and annual report tracked for you
- Monthly reporting included
In short
Does Montana have a sales tax?
Montana has no general sales tax. It does charge lodging taxes on short-term stays, and some resort communities like Big Sky and Whitefish charge local resort taxes on certain goods and services. Montana taxes income through a two-bracket personal income tax and a corporate income tax.
- State income tax
- Graduated (two brackets)
- State sales tax
- None (resort and lodging taxes)
- Key business tax
- Corporate income tax
- How we serve
- Remotely, statewide
Services in Montana
What we do for Montana business owners
From Bozeman tech and real estate businesses to Billings energy suppliers and ranches across the state, Montana owners need organized books and federal-first planning. We provide monthly bookkeeping, federal and Montana tax planning, filings and CFO reporting from one coordinated team.
Bookkeeping Services
- Monthly reconciliations in QuickBooks Online
- Lodging and resort tax tracking
- Payroll and contractor payment review
- Monthly profit and loss and balance sheet
- Catch-up and clean-up bookkeeping
Tax Planning & Strategy
- Entity and S corporation review
- Montana PTE election review
- Federal and state estimated payments
- Multi-state income review
- Year-end tax planning meeting
Tax Filing & Compliance
- Federal business returns (1120, 1120S, 1065)
- Montana CIT, PR-1 and annual report filings
- Owner individual returns
- IRS and state notice help
- Due-date tracking for every filing
Fractional CFO Services
- Cash-flow forecasts
- Budget versus actual reviews
- Margin and pricing analysis
- Lender- and investor-ready reporting
- Growth and hiring plans
Montana tax planning
Planning around Montana taxes
Montana planning combines the two-bracket income tax, lodging and resort taxes, real estate and federal planning.
Book a 15-min callShort-term rentals
Rental owners owe Montana lodging taxes and may owe resort taxes. We set up the books for both.
Ranch and farm accounting
Agriculture businesses need equipment, inventory and cash planning.
Remote and relocated owners
Owners who moved to Montana need residency and allocation handled correctly.
Who we work with
Montana industries we serve
We work with owner-led businesses across Montana, with experience in the industries that drive the state economy.
Agriculture and ranching
Farms and ranches with equipment and inventory.
Tourism and outdoor
Lodges, guides and resort businesses.
Real estate
Investors and short-term rental owners.
Energy
Suppliers and service companies.
E-commerce sellers
Online brands with Montana sales tax, inventory and multi-channel books.
Professional firms
Consultants, agencies and law firms billing by the hour, project or retainer.
Why Montana businesses choose CPA Torrance
Areas we cover
Serving businesses across Montana
Businesses in Billings, Missoula, Bozeman, Great Falls, Helena work in agriculture, tourism, real estate, energy and outdoor recreation. CPA Torrance helps Montana businesses, including those owned from out of state, stay compliant and organized through remote meetings.
- Billings
- Missoula
- Bozeman
- Great Falls
- Helena
- Kalispell
- Butte
- Whitefish
- Big Sky
- Video meetings on your schedule
- Secure document portal for statements and returns
- Cloud accounting you can see any time
FAQ
Montana business tax and accounting questions
Not covered here? A 15-minute call gets you a straight answer for your situation.
What financial services can CPA Torrance provide to Montana businesses?
We provide monthly bookkeeping, federal and Montana tax planning, business tax filing and fractional CFO services. Everything runs from one set of books, so your bookkeeper, CPA and CFO advisor work from the same numbers.
Do Montana short-term rentals owe tax?
Yes. Short-term rentals generally owe Montana lodging taxes, and resort areas may add local resort taxes.
Does Montana have a pass-through entity tax?
Yes. Montana allows an elective pass-through entity tax for partnerships and S corporations.
Do Montana LLCs file an annual report?
Yes. Montana entities file an annual report each year with the Secretary of State.
Can CPA Torrance work with Montana businesses remotely?
Yes. We serve businesses across Montana, including Billings, Missoula, Bozeman, Great Falls, Helena, Kalispell, Butte, Whitefish and Big Sky, through video meetings, a secure document portal and cloud accounting you can see any time. Our office is in Torrance, California.
How do I get started?
Book a 15-minute call or request a free financial assessment. We review your books, tax position and systems and recommend the right mix of support for your Montana business.
Get your Montana books and taxes in order.
Book a call to review bookkeeping and tax planning for your Montana business.