Momentum Tax

Momentum Tax is a 100% virtual tax firm redefining the tax experience. We offer tax preparation, advisory, and strategic planning services designed to meet the new standard of clarity, exceptional support, and proactive solutions. Whether you’re a self-employed business owner, real estate investor, or entrepreneur, we provide personalized guidance to optimize tax savings, support business growth, and build long-term wealth. With a technology-forward, client-focused approach, we simplify the tax process, ensuring you make smart decisions at every stage of your journey. Serving clients nationwide, we’re here to help you navigate taxes with confidence and achieve your goals. Employees at Momentum Tax * Katie Ripp, CPA Tax savings and clarity for real estate investors and business owners Updates * Momentum Tax 3w As we are nearing the end for the year, here are 6 ways to simplify your taxes as a self-employed individual: 1) Create a system for receipt tracking. Whether you are attaching receipts to transactions in your accounting software, or saving them to a computer, the cloud, or an app, make sure they are organized and the data is backed up regularly. 2) Use MileIQ to track your business miles. This app makes tracking and documenting your mileage so easy - work smarter not harder! 3) Only use your business bank account and business credit card for business purchases. This will save you and your accountant time sifting through personal expenses. 4) Set up reminders for yourself for all your filing deadlines. Depending on your location, business structure, employees, etc. you may have a lot of deadlines to keep track of! Life gets busy so a calendar and/or reminder system will help you stay on top of everything and minimize filing penalties. 5) Request W-9’s from contractors immediately. Don’t wait until the last minute! You will thank yourself when it’s time to file 1099’s. 6) Invest in an accounting system early on in your business. As your business grows, you’ll be thankful you spent the time at the beginning to get everything set up correctly and running smoothly. Similar pages * Hall CPA PLLC Accounting Raleigh, NC * True Partners Consulting Accounting Chicago, Illinois * EisnerAmper Ireland Accounting * Cloud Accountant Staffing Staffing and Recruiting Indianapolis, Indiana * Financial Crimes Enforcement Network, US Treasury Government Administration Washington, DC * Motion Picture Association Movies, Videos, and Sound Washington, District of Columbia * Puzzle 🧩🚀 Software Development