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...
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...
Does your personal tax season unfold the same way every year? April 15th approaches, and suddenly, there’s a scramble to gather receipts, fill out forms, and hit submit, hoping for a nice chunk of change from Uncle Sam. But what if you need cash now, instead of a lump sum later? But what if there...
Summer! A time for carefree days, barbecues, and…tax benefits? For many business owners, summer can be a double-edged sword. The freedom from school and university schedules offers flexibility for families. But finding activities at the right price point that keep young people engaged can be challenging. While summer jobs used to be the norm, it’s...
Want to avoid tax season surprises? Master your estimated taxes! The next estimated tax deadline is fast approaching on June 15th, so let’s make sure you have all the basics covered so you’re on top of your taxes. What are Estimated Taxes? Estimated taxes are quarterly payments made to the IRS throughout the year on...