Big Hearts, Clear Missions Running a nonprofit in Colorado usually starts with a big heart and a clear mission. It does not usually start with dreams of spreadsheets, compliance rules, or reconciling donation reports at 9 p.m. after an event. And yet, that is often where we find ourselves. At Momentum Tax, we work closely...
The holidays are officially behind us, the decorations are coming down, and we’re all easing back into normal life. But while you’re settling into the new year, there’s something else settling in too… Tax season. 👀 If you’re a small business owner, early January can feel like stepping onto a treadmill that started going before...
Running a business is exciting — but let’s be honest, it can also be chaotic. Between balancing books, managing growth, and planning for the future, it’s easy to feel like your finances are running you instead of the other way around. That’s where a CFO, or Virtual CFO, comes in. But how do you know...
You’ve got a business to run, employees to pay, and approximately 47 tabs open in your brain. The last thing you want is a choose-your-own-adventure on your personal tax return. But here we are: itemize or take the standard deduction? Let’s make this...
Many of our clients are hardworking individuals, growing families, and small business owners who are doing their best to stay informed and make wise financial decisions. Over the past few weeks, several of our clients have reached out with great questions regarding the recent federal tax changes included in what’s being called One Big Beautiful...
Let’s call it like it is—most people think about taxes once a year… when it’s already too late to change the outcome. But the real money-movers? The smart ones? They know the secret sauce is in the mid-year review. Right now—smack in the middle of the calendar year—is your golden window to take control of...
As 2024 comes to a close, it’s the perfect time for business owners to engage in year-end tax planning. Proper planning not only ensures compliance but also allows you to maximize deductions and credits, ultimately saving your business money. With the tax landscape constantly changing, now is the time to strategize and take advantage of...
Managing business expenses can feel like trying to wrangle an unruly herd of cattle — things can quickly get out of hand. But don’t worry, partner, we’ve got the lasso you need to get those costs under control. Here are some practical tips to help tame your business expenses without sacrificing quality or efficiency. 1....
Offering strong, simple, and accessible retirement-saving opportunities is a great way to keep your employees happy. With Colorado’s new SecureSavings, you can do exactly that. In this article, we will take a deeper look into SecureSavings and what it means for both employers and employees. This new program offers many benefits for everyone involved, so...
As the new year approaches, it’s time to give some thought to a new budget. Being on top of your finances is a great way to start the new year out fresh and we want to help you get started on the right track! In this article, we will highlight the benefits of having a...