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: 💰Pay Less in Taxes – https://yourbiggestexpense.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 --＞ hello@phillipsbusinessgroup.com
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Episodes
Thursday Jul 18, 2024
Thursday Jul 18, 2024
In this episode, we dive into a critical decision for any business owner: choosing the right person to handle your finances. From accountants to CFOs, the person you pick can make or break your business.
We'll reveal three toxic traits you must watch out for in CPAs, so you don't get stuck with someone who's bad for your business. You'll learn why communication is key, why honesty matters, and how to spot a CPA who’s just not listening to you. Tune in for real-world examples, practical advice, and a few shocking stories that will make you rethink your financial partnerships.
Don't miss out on these valuable insights that can save your business from financial pitfalls!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Monday Jul 15, 2024
Monday Jul 15, 2024
In this episode, we're diving into the best ways for small business owners to pay off debt. We'll talk about which debts to tackle first, whether to use cash or get a new loan, and how to avoid common mistakes.
We'll cover important tips like knowing your interest rates, loan balances, and minimum payments. Should you pay off small balances first or focus on high-interest loans? We'll break it all down! Plus, we’ll discuss smart strategies to use your money for growing your business instead of just paying off debt.
Tune in to get practical advice and take control of your finances!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Thursday Jul 11, 2024
Thursday Jul 11, 2024
Welcome to this episode where we dive deep into how your mindset about money and taxes could be holding your business back. We explore a common but subtle issue that many business owners face: the fear of higher taxes as income grows. You'll hear a real-life example of how this mindset can limit your success.
Learn why paying more taxes isn't a bad thing and how it means you're making more money overall. We'll also talk about strategies to legally reduce your taxes, so you keep more of what you earn. If you're stuck in your business growth, this episode will help you make a mental shift and reach the next level.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Monday Jul 08, 2024
Monday Jul 08, 2024
In this episode, I share an incredible case study of a client we helped save $117,000 in taxes for 2024! We found an error on his tax return that was costing him big time.
By optimizing his deductions and correcting past mistakes, we turned things around. This client, a doctor with multiple businesses, had been overpaying taxes for years because no one noticed the issue. We fixed it and showed him how to use his losses effectively. Plus, we saved him another $40,000 by reclassifying one of his businesses.
Tune in to learn how to make sure you’re not overpaying taxes too! Book a time with us if you want to see similar savings on your taxes. Don't miss out!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Thursday Jul 04, 2024
Thursday Jul 04, 2024
In this episode, we dive into a real-life story of how I helped a frustrated doctor save $12,500 on taxes. Tired of last-minute advice and high costs from his old CPA, this doctor came to me for help. We discovered that his partnership was set up all wrong, costing him lots in taxes. By making smart changes, like transitioning his partnership to an S-corp and streamlining his businesses, we cut his taxes and reduced his costs.
You'll learn about the common mistakes small business owners make with their taxes and how to fix them. If you feel like you're overpaying on taxes or just want to be more efficient with your business finances, this episode is for you!
Tune in to hear the full story and get tips on how you can save money and headaches with the right tax strategies.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Monday Jul 01, 2024
Monday Jul 01, 2024
Are your business finances holding you back? In this episode, we explore why basic bookkeeping and accounting aren't enough when you're ready to grow. Learn the importance of understanding your profit and loss, balance sheets, and cash flow reports.
We'll discuss creating and revising budgets, tracking key performance indicators, and comparing your business to others in your industry. Discover how having a Chief Financial Officer (CFO) or financial advisor can help you make smart decisions, avoid emotional pitfalls, and stay compliant with regulations. Whether you're thinking about hiring new staff, buying equipment, or just trying to boost your profits, this episode has the tips you need to take your business to the next level.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Thursday Jun 27, 2024
Thursday Jun 27, 2024
Being a business owner is tough and requires a lot of strength. In this episode, we dive deep into the challenges and rewards of entrepreneurship. I share my personal journey, including the struggles I faced and how I overcame them.
You'll learn about the importance of having cheerleaders in your life and the incredible impact of personal growth on your business. Whether you're just starting out or have been in business for years, this episode will inspire and motivate you to keep pushing forward.
Join me as I discuss how to turn setbacks into comebacks and why your mindset is key to your success. Tune in for an honest and uplifting conversation that will give you hope and practical tips for your entrepreneurial journey.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Monday Jun 24, 2024
Monday Jun 24, 2024
In this episode, we break down how saving money on taxes doesn't have to be super hard. I'll share simple tips and tricks to help you keep more of your hard-earned cash. I'll tell a personal story about how I helped my dad save over $45,000 on his taxes.
You'll learn about the importance of choosing the right business structure, optimizing your wages, and planning for retirement. Plus, I'll reveal why working with a tax advisor is better than just using a tax preparer.
Tune in to discover five easy ways to save big on taxes and make sure you’re not leaving money on the table. Don't miss this chance to learn how to take control of your business finances and save more!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Thursday Jun 20, 2024
Thursday Jun 20, 2024
In this episode, we dive into how to get your business ready for tax season. Even though it's still 2024, it's never too early to start preparing. We cover seven key steps to make next year's taxes a breeze.
Learn how to keep your financial records organized, track income and expenses, understand tax deductions, and estimate quarterly taxes. We also talk about the importance of reviewing and reconciling your accounts regularly. Plus, find out why hiring a good tax professional is a smart move.
Tune in for practical tips to reduce your tax stress and save money. Start now and make tax season smooth and easy!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
Monday Jun 17, 2024
Monday Jun 17, 2024
In this episode, we dive into why it's so important to regularly check in on your business finances. Many small business owners get caught up in the daily grind and forget to look at their numbers.
We explain how regular financial reviews can help you spot trends, manage cash flow, and even catch mistakes or fraud. You'll learn why staying on top of your finances can save you time and money in the long run. Plus, we share tips on how to make this a habit, using tools like QuickBooks. This episode is packed with practical advice to help you keep your business on track and growing.
Tune in to find out how to make your finances work for you!
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa