Rudd & Company, PLLC - Idaho Falls

Rudd & Company, PLLC - Idaho Falls Rudd & Company, PLLC is one of the leading firms in the area. Rudd & Company, PLLC isn’t a one-stop CPA firm. We’re much more. We take our partnerships seriously.

We combine our expertise, experience and the energy of our staff, to ensure each client receives close personal and professional attention. We think of ourselves as partners in the financial welfare of your business, your family, your success. What’s more, our clients think of us that way too. Maybe that’s why most of our clients stay with us for years. Our job is to help you manage your money and

reach your financial goals. We do that job exceedingly well, so our clients tend to stick around. If you are looking for a blend of personal service and expertise, you have come to the right place! Rudd & Company offers a broad range of services for businesses, individuals and other entities. Our rates are affordable. We are experienced and we're friendly. Please call us for a free initial consultation.

If you own a business, you can leverage your annual gift tax exclusions ($19,000 per recipient for 2026) and your lifeti...
08/13/2026

If you own a business, you can leverage your annual gift tax exclusions ($19,000 per recipient for 2026) and your lifetime gift and estate tax exemption ($15 million for 2026) by gifting ownership interests. These interests may be eligible for valuation discounts for lack of control and marketability. Another way to benefit from valuation discounts is to set up a family limited partnership (FLP). You fund the FLP with assets such as public or private stock and real estate, and then gift limited partnership interests. Contact us at (208) 529-9276 for additional details.

If you’re thinking about starting a business, make sure you understand your federal tax responsibilities before opening ...
08/07/2026

If you’re thinking about starting a business, make sure you understand your federal tax responsibilities before opening your doors. IRS Publication 583, Starting a Business and Keeping Records, covers the basics. Your business structure (such as a sole proprietorship, partnership, limited liability company or corporation) determines which forms you must file and which taxes apply, including income, self-employment, employment and excise taxes. You may also need an Employer Identification Number for tax purposes, and you should be aware of your recordkeeping requirements. Starting a business is exciting, and getting the tax details right is important. We’re here to help.

Psst! Want to save more for retirement? If your employer offers one, use your Health Savings Account (HSA). You might al...
07/30/2026

Psst! Want to save more for retirement? If your employer offers one, use your Health Savings Account (HSA). You might already contribute pretax earnings and use the balance for out-of-pocket medical expenses. But because HSA balances carry over year to year and can grow indefinitely tax-deferred, these accounts also work as retirement savings tools. After age 65, you can use penalty-free distributions for nonmedical expenses, but they’ll be taxable. So if you’ve maximized contributions to a 401(k) and IRA, HSAs offer another opportunity. Contact us at (208) 529-9276 to discuss retirement savings strategies.

Business owners: 100% bonus depreciation is back. It had been scheduled to drop to 40% for 2025 and 20% for 2026 and to ...
07/29/2026

Business owners: 100% bonus depreciation is back. It had been scheduled to drop to 40% for 2025 and 20% for 2026 and to disappear for 2027. Also, the Sec. 179 expensing limit has doubled for 2025 and is indexed for inflation going forward. Eligible assets for both breaks generally include machinery, equipment, computers, furniture and certain qualified improvements to nonresidential real estate. These tax law changes could make a meaningful difference on your 2025 return and in your 2026 planning. Contact us at (208) 529-9276 to learn more.

Attention, small business owners: As you wrap up your 2025 tax filings and begin planning for 2026, remember that many p...
07/22/2026

Attention, small business owners: As you wrap up your 2025 tax filings and begin planning for 2026, remember that many previously temporary tax law provisions are now permanent. And new opportunities may be available to help reduce your tax burden. If you’re ready to take a smart, strategic approach to the year ahead, we’re here to guide you. Contact us at (208) 529-9276.

The IRS is reminding taxpayers of new deductions available this tax season. If you’re 65 or older, you potentially can c...
07/21/2026

The IRS is reminding taxpayers of new deductions available this tax season. If you’re 65 or older, you potentially can claim an additional $6,000 deduction. Depending on your occupation, you may be able to deduct up to $25,000 in qualified tips. You may also be able to deduct up to $12,500 in qualified overtime ($25,000 if you’re married and file jointly). If you took out a vehicle loan in 2025, you possibly can deduct up to $10,000 in interest paid. But all these breaks are subject to additional rules, and they phase out when income exceeds applicable limits. If you’re eligible, you can claim these deductions whether you itemize or take the standard deduction. Contact us at (208) 529-9276 with questions.

The decision to itemize deductions or claim the standard deduction can have a big impact on your tax bill. With a higher...
07/20/2026

The decision to itemize deductions or claim the standard deduction can have a big impact on your tax bill. With a higher standard deduction and itemized deductions more limited, many taxpayers who once benefited from itemizing have been better off taking the standard deduction. But the recent quadrupling of the deduction limit for state and local taxes could make itemizing worthwhile again for some. Not sure which is better for you? We can help. Call us at (208) 529-9276.

In a divorce, a qualified domestic relations order (QDRO) allows retirement plan assets to be transferred to a spouse wi...
07/16/2026

In a divorce, a qualified domestic relations order (QDRO) allows retirement plan assets to be transferred to a spouse without dire tax consequences. A court issues a QDRO, which states a dollar amount or a percentage of assets that belongs to the spouse. It also specifies the number of payments to be made (or the length of time for the terms to apply). Contact us at (208) 529-9276 for details.

Rudd & Company PLLC Announces new CEORudd & Company PLLC is pleased to announce that Julie Kostelecky, former Partner in...
07/15/2026

Rudd & Company PLLC Announces new CEO
Rudd & Company PLLC is pleased to announce that Julie Kostelecky, former Partner in Charge (PIC) in their Bozeman office, has officially taken on the role of CEO as of July 6. This transition follows the retirement of former CEO Blayne McArthur. Following a thorough selection process, Kostelecky was elected by the Partner group to serve as CEO.
“I am excited to be stepping into the role of CEO and to continue the strong work Blayne has done in leading our firm,” said Kostelecky. “Rudd & Company has tremendous momentum, and I look forward to working with our partners and team members as we continue to grow, invest in our people, strengthen our client service model, and preserve the culture that makes our firm unique. We are fortunate to work in a firm where our culture is built not only on excellence and client service, but also on the quality of the people beside us. The strength of our teammates, the way we support one another, and the pride we take in our shared work make this a truly great place to grow, contribute, and belong.”
Julie joined Rudd & Company in November 2010 as a staff accountant and was admitted as a Partner in 2013. She received her bachelor’s and master’s degrees from Montana State University (Go Cats) and started her professional career working for a small public firm for a year. Afterwards she moved to a larger regional firm for 6 years before joining Rudd & Company. Julie’s focus has been mainly in CFO services and related small business and individual tax compliance and planning. She has a specialty in Business Valuations and Litigation Support services and is a Certified Valuation Analyst (CVA). She also has a deep background serving the Construction and Non-Profit industries. She is a member of the American Institute of Certified Public Accountants (AICPA), National Association of Certified Valuators and Analysts (NACVA) and is a current member and past president of the Montana Society of CPAs.
Rudd & Company was founded in 1963 and has been providing exceptional client service for nearly 63 years. Headquartered in Rexburg, the firm also has offices in Idaho Falls and Driggs, Idaho, and in Bozeman, Helena, and West Yellowstone, Montana. Rudd & Company is a full-service accounting firm that offers advisory, audit & assurance, and tax services to a wide variety of industries.

Business structure affects both taxes and personal liability. The tax factors are particularly complex. A tax-smart tax ...
07/14/2026

Business structure affects both taxes and personal liability. The tax factors are particularly complex. A tax-smart tax move for one business could be costly for another. Before making a change to your existing business structure or choosing one for your new business, contact us at (208) 529-9276. We can help you determine which structure will best support your business and financial goals.

Address

725 S Woodruff Avenue
Idaho Falls, ID
83401

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 12pm

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