The Anderson ZurMuehlen newsroom includes current news, releases and industry updates. If you want to stay connected with us in other ways, follow our posts on LinkedIn, Facebook and Google+.

Kapri Byrne, Manager, quoted in the Great Falls Tribune

June 3rd webinar: Employee Benefit Plans

Tuesday, June 3rd, 2014, 11:00 a.m. (MDT)

Free online webinar

Find out how to keep your 401(k) plan in compliance. Attend our free one hour webinar on Tuesday, June 3rd to learn the latest developments in the employee benefit plan industry including Department of Labor regulations and the top operational failures of plans.

No plan is perfect. Noncompliance happens. Learn how to avoid common errors in 401(k) plans.

Who Should Attend

Plan sponsors and administrators

Topics Include

  • Top operational violations of 401(k) plans
  • Tips to keep your plan in compliance
  • Methods of correcting noncompliance
  • Changes on the horizon for plan documents

With our comprehensive understanding of 401(k) plans, ESOPs, defined benefit pension plans, and health and welfare plans, we’re here to help you stay compliant with federal regulations and reporting requirements. Contact Molly Casey,  Training & Development manager, for more information.

Sponsored by Anderson ZurMuehlen and Employee Benefit Resources.

Register now for the webinar

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June 27th Seminar: Advanced Accounting Issues for Nonprofits

Friday, June 27, 2014, 8:30 a.m.-5:00 p.m. (check-in 8:00-8:30 a.m.)

Holiday Inn Downtown, Helena
$195 for first participant from each organization, and $150 for each additional attendee

Plan to attend an accounting seminar specific to nonprofits. The event is intended for nonprofit CFOs, Controllers, and others who record and report financial transactions.

Advanced Accounting Issues for Nonprofits Registration


Keynote address: Liz Moore, Montana Nonprofit Association Executive Director

Topics Include:
  • Current Accounting Issues for Nonprofits
  • Endowment and Split Interest Accounting and Reporting
  • Fair Value Accounting
  • Industry Update for Montana Nonprofits
  • Montana Updated Prudent Management of Institutional Funds Act (MUPMIFA): A Practical Discussion
  • Promises/Pledges and Revenue Recognition
  • Tracking Restricted Gifts in QuickBooks
  • Understanding Nonprofit Financial Statements

Jacki Frank, CPA, Shareholder

Paula Jacques, CPA, Shareholder

Rick Reisig, CPA, Shareholder

Jan Schweitzer, CPA, CFE, Shareholder

Kyla Stafford, CPA, CFE, Shareholder

Jim Woy, CPA, Shareholder

Questions about registration, location, parking, etc? Contact Claire Irwin, Administrative Professional, at 406-442-1040

Need more information about the workshop? Contact Jacki Frank, Shareholder, at 406-442-1040

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Anderson ZurMuehlen staff elected to the Montana Society of CPAs Board

The Montana Society of CPAs recently announced that Brenda Byrnes, Shareholder, will be President-Elect and Annette Hill, Shareholder, will be Secretary/Treasurer of the statewide association beginning June 19, 2014. Brenda Byrnes, CPA, has a Bachelor of Science in Business Management and Accounting from Montana State University. She joined Hamilton Misfeldt & Co. in Great Falls in 1995 which merged with Anderson ZurMuehlen in 2011. Brenda provides tax planning, QuickBooks training and her service areas include charitable trusts, farm/ranch taxation, and nonprofits.

Annette Hill, CPA, has a Bachelor of Science in Computer Science from Montana Tech. She joined Anderson ZurMuehlen in 1996 where her service concentrations include nonprofits and governmental entities, financial institutions, construction and engineering firms, agriculture and healthcare organizations.

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Tax Identity Theft Hasn’t Gone Away Yet

By Bill Hughes, Shareholder, Anderson ZurMuehlen & Co., P.C.

In an Accounting Today article posted on April 24, 2014, it was noted that over 100 physicians in New Hampshire had their tax identity stolen during the recent tax season. Though the IRS has been working the last few years to reduce tax identity theft, the agency currently has over 1,000 investigations underway. Despite the government’s success in obtaining hundreds of indictments, identity theft is still occurring.

The typical tax identity theft is refund fraud. Armed with stolen Social Security numbers, the thief files a fraudulent tax return early in the filing season claiming a refund. When the real taxpayer files his/her tax return with legitimate information, the IRS rejects the return because their system shows a return has already been filed under the reported Social Security number. The rejection of the tax return initiates a time-consuming process to get the legitimate return filed. In addition, it raises the specter that the tax identity theft may have carried over to other areas of the individual’s personal financial life.

If tax identity theft happens to you, the IRS needs to be notified by filing Form 14039, Identity Theft Affidavit. This allows you to prove you are the legitimate taxpayer and obtain an Identity Protection Personal Identification Number (IP PIN). This PIN identifies you as an identity theft victim and is used to differentiate future legitimate tax returns from any fraudulent ones that are filed.

The following are additional recommended steps if you are the victim of tax identity theft:

  • File a complaint with the Federal Trade Commission (FTC). This can be done by selecting the “Consumer Complaint? Report it to the FTC” link at
  • Report the theft to the Social Security Administration, either on its website or at a local office.
  • Report the theft to credit agencies and check your credit reports to ensure that no other fraudulent activity has occurred. In addition, place a fraud alert on your files.

Here are some of the common steps you can take to help protect yourself from identity theft:

  • Don’t carry your Social Security card or any documents bearing your Social Security number.
  • Don’t give your Social Security number to businesses or medical providers, unless required.
  • Shred documents with personal identifying information.
  • Don’t provide personal information via email or text.
  • Unless you have initiated the contact or you know for certain who you are dealing with, don’t give personal information over the telephone.
  • Don’t put your birthday, address, telephone number, marital status, etc. on social media websites or elsewhere on the Internet.
  • Change your Internet passwords regularly.

Hopefully, you’ll never be a victim of identity theft. If you have other ideas or recommendations on how to protect yourself from identity theft or how to recover from identity theft efficiently, please share them with us. For more information, contact Bill Hughes, Shareholder, at 406.782.0451.

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BestMark Global Insurance Accreditation Received

Anderson ZurMuehlen recently received the BestMark accreditation from global insurance credit rating agency AM Best, the leading rating agency for insurance companies worldwide. We are one of 20 companies nationwide who have received BestMark accreditation. For more information contact Chris Roberts, Manager, at 406.721.7800.

2014 Auditor A.M. Best Listing logo






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Succession Planning Workbook Now Available

What is your succession plan?

Succession planning goes far beyond identifying and preparing your company for sale or transfer to a family member. It encompasses setting goals, planning your strategy, evaluating your position, changing leadership and exiting from ownership.

Anderson ZurMuehlen has developed a Succession Planning Workbook that will guide your exit strategy and provide a detailed plan for your business. This workbook is now available for download. Click here to receive a complimentary Succession Planning Workbook.

For additional details, please call or email Bill Mills, Shareholder, at 406.556.6160.

Kyla Stafford, Shareholder, Chair of the Greater Gallatin Valley United Way Board

Mike Combo, Shareholder, Interviewed on KPAX-TV

Watch an interview with Mike Combo, Shareholder, in our Missoula office.  The interview topic is, “What common tax return mistakes cost us money?” Mike was interviewed on January 30 by KPAX-TV in Missoula.

Mike Combo Featured on KPAX-TV in Missoula

Rick Reisig Will Receive The George D. Anderson Distinguished Service Award

The Montana Society of CPAs announced that Rick Reisig, Shareholder, will be presented the association’s highest honor, the George D. Anderson Distinguished Service Award, which is in memory of one of Anderson ZurMuehlen’s original founders. Rick will be honored on June 19 at the 2014 annual meeting.

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