SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions
Are you unsure of what to do with your business finances? Are you scared you might do something that causes the IRS to come after you? Do you lack confidence in knowing if what you’re doing is correct? Are you desperate for answers for all of your financial questions? In this podcast, you will find financial knowledge and systems to set you free from the mass confusion of small business finances. My mission is to help equip you to have a financially successful small business through financial systems, financial knowledge, and money mindset. If you’re ready to say yes to being financially successful and stop struggling with everything that hasn’t worked for a solution that will - you’re in the right place! Hey, I’m Tiffany. A mom, wife, financial guru and small business owner. For over 20 years I’ve been a successful small business tax advisor. I understand the confusion and frustration that comes with managing your own finances. As a CPA, I’ve been the ”go to” financial resource and partner for countless entrepreneurs. Until now, I only helped established business owners making a lot of money, helping them save tens and even hundreds of thousands of dollars. But I realized newer, smaller business owners needed as much, and maybe more, financial help than the bigger guys! So, I’m here to help you increase your financial knowledge so you, too, can successfully operate your business and make the best financial decisions possible. So, if you are ready to finally gain CONFIDENCE from financial confusion in your business, create simple financial systems, and get past financial roadblocks - this is the podcast for you! We are going to get absolute control of YOUR business finances TOGETHER. So let’s dust off those spreadsheets, friend. It‘s time to buckle up! Next Steps: 💰 Join the Tax Savings Institute: http://taxsavingsinstitute.com 💲 Struggling with your bookkeeping? Check out the Ultimate Bookkeeping Guide: http://ultimatebookkeepingguide.com/ ☎️ Find out how much you’re overpaying in taxes every year! Schedule a FREE discovery call to find out --＞ https://phillipsbusinessgroup.com/ 📧 Contact Me --＞ tiffany@thetiffanyphillips.com
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Episodes
24 hours ago
24 hours ago
Today’s podcast is a treasure trove of tips for all you high-earners looking at real estate to save on taxes. We dive deep into a common hiccup that could trip you up if you’re not clued in. It’s all about understanding the fine print and making sure real estate losses actually work for you. And guess what? If you’re juggling a busy W2 job, there’s extra neat stuff you need to know about snagging those tax breaks. Plus, we chat about how rolling up your sleeves or investing smartly elsewhere might just be the golden ticket you’re looking for. Tune in, as we lay it all out simple and clear - because we’re all about helping you keep more money in your pocket! Ready to get the inside scoop? Press play and let’s get started!
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
5 days ago
5 days ago
Discover the ins and outs of W-9 forms in this eye-opening episode! Join us as we unravel the complexities of W-9s, shedding light on their importance for both business owners and contractors. Learn why obtaining W-9s upfront is crucial, and gain clarity on filling out these forms correctly to avoid IRS penalties. From tax classifications to backup withholding, we cover it all to ensure you're equipped to navigate the world of contractor compliance. Don't miss out on this essential guide to W-9s, packed with practical tips and expert insights. Tune in now to safeguard your business and stay on the right side of the IRS!
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
Thursday Apr 18, 2024
Thursday Apr 18, 2024
In this episode, discover the hidden obstacle hindering your business growth: the fear of the unknown. Join Tiffany as she candidly shares her personal journey of recognizing and overcoming this common entrepreneurial challenge. Delve into the paralysis of perfectionism and how it stifles progress, uncovering the importance of embracing uncertainty for personal and professional development. Learn practical strategies for breaking free from the certainty trap and unlocking your full potential. With raw honesty and valuable insights, this episode challenges listeners to confront their fears, tap into their faith or inner strength, and take bold steps towards success. Tune in to uncover the shocking truth about what truly holds you back from reaching your business goals.
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
Monday Apr 15, 2024
Monday Apr 15, 2024
In this eye-opening episode, discover why traditional savings goals might actually be hindering your business growth. Host Tiffany challenges conventional wisdom, urging entrepreneurs to shift focus away from penny-pinching and toward revenue growth, cash flow management, and increasing net worth. Drawing from personal experience and practical insights, Tiffany outlines a refreshing approach to financial success.
Learn why obsessing over savings isn't the key to prosperity and uncover the three strategic pillars that can propel your business to new heights. Whether you're a seasoned entrepreneur or just starting out, this episode offers invaluable advice to revolutionize your business mindset and achieve sustainable growth. Tune in now to embark on a transformative journey toward financial abundance!
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
Thursday Apr 11, 2024
Thursday Apr 11, 2024
Discover the hidden truth about IRS penalties in this eye-opening episode of our finance podcast. If you're a business owner, you might be unknowingly overpaying taxes due to penalties for underpayment throughout the year. Learn how to identify, avoid, and minimize these penalties, potentially saving yourself thousands. We delve into the little-known IRS penalty box on your tax return and reveal the strategies to mitigate penalties using the annualized income method. Don't let tax season catch you off guard—empower yourself with knowledge and ensure your CPA is optimizing your tax payments. Tune in to learn how you can take control of your finances and keep more of your hard-earned money where it belongs: in your pocket.
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
Monday Apr 08, 2024
Monday Apr 08, 2024
Get ready to tackle tax season like a pro! In this episode, we dive into the nitty-gritty of business taxes, answering burning questions like how much to set aside and when to pay in. We reveal the shocking truth about penalties for underpayment and provide expert strategies to ensure you're not overpaying the IRS. Learn how to navigate tax deadlines with confidence and avoid common pitfalls that could cost you big. From understanding estimated tax payments to leveraging lumpy income for reduced penalties, we've got you covered. Don't miss out on valuable insights that could save you money and stress. Tune in now and take control of your business finances!
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
Thursday Apr 04, 2024
Thursday Apr 04, 2024
Unravel the mysteries of S Corporation finances in this eye-opening episode! Join us as we dive deep into the world of S Corp taxation and equity distributions. Learn how to navigate the complexities of getting money out of your business while maximizing tax advantages. Discover the importance of paying yourself a reasonable compensation and the ins and outs of equity distributions. With expert insights and practical tips, you'll gain the knowledge you need to confidently manage your business finances. Whether you're a seasoned entrepreneur or new to the game, this episode will empower you to make informed decisions and take control of your financial future. Tune in now to unlock the secrets of S Corp success!
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
Monday Apr 01, 2024
Monday Apr 01, 2024
Discover the intriguing world of C corporations in this eye-opening episode. Host [Your Name] navigates the complexities of business entity structures, debunking myths and revealing surprising truths. Dive into the 21% tax rate allure, but beware the potential pitfalls of double taxation and equity entanglements. Uncover strategies to leverage C corporations for tax advantages and smoother cash flows. Explore the tantalizing IRS Section 1202 exclusion and its game-changing implications for future business sales. With expert insights and real-world examples, this episode empowers seasoned business owners to make informed decisions and maximize financial potential. Don't miss out—tune in now to unlock the secrets of C corporations and revolutionize your business strategy.
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
Monday Mar 25, 2024
Monday Mar 25, 2024
Get ready to become a tax return detective with our newest podcast episode! We're diving into the world of tax returns and uncovering the secrets to making sure yours is spot-on. Ever wonder if you're missing something important on your tax form? Worry no more! You'll learn how to check your return like a pro CPA, spotting those sneaky errors and knowing just the right questions to ask. We'll guide you through the essential steps to review your tax return, compare it with past years, and catch any changes that might cost you. It's like a treasure hunt, but instead of gold, you're finding peace of mind (and maybe even some extra cash)! So, join us as we crack the tax return code and empower you to take charge of your finances. Don't forget to leave a five-star review if you find the tips helpful! 🌟
Next Steps:
💰 Join the Tax Savings Institute: http://taxsavingsinstitute.com
💲 Struggling with your bookkeeping? Check out the Ultimate Bookkeeping Guide: http://ultimatebookkeepingguide.com/
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
Thursday Mar 21, 2024
Thursday Mar 21, 2024
In this eye-opening episode, we delve into a common mistake many small business owners make: relying solely on their bank account balance to gauge success. We uncover why this approach is flawed and how it could be hindering your business growth. From mismatched profit and loss statements to hidden expenses, we explore the discrepancies that often arise. But fear not! We introduce a game-changing solution: the cash flow statement. Discover how this often-overlooked financial tool can provide clarity, predict future needs, and steer your business towards success. Don't miss out on this empowering insight that could transform the way you manage your business finances. Tune in now to unlock the keys to financial prosperity!
Next Steps:
💰 Join the Tax Savings Institute: http://taxsavingsinstitute.com
💲 Struggling with your bookkeeping? Check out the Ultimate Bookkeeping Guide: http://ultimatebookkeepingguide.com/
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com