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: ☎️ 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

Listen on:

  • Apple Podcasts
  • YouTube
  • Podbean App
  • Spotify
  • Amazon Music
  • iHeartRadio
  • PlayerFM
  • Samsung
  • Podchaser

Episodes

Monday Nov 27, 2023

Are you a small business owner trying to navigate the IRS requirements for receipts and other documentation they require to deduct your expenses?  Are you wondering if you're at risk for an audit because of your records, or lack of records?  Are you unsure of what to do to eliminate having an issue with the IRS on your next tax return?  If so, listen up because I share all the details on what you need to do to eliminate the risk of an audit and make sure you're safe from getting deductions thrown out by the IRS in this episode.  
I hope you love it and that it helps you and your business!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Monday Nov 20, 2023

Are your small business finances the last thing you want to think about?  Are your finances all but completely ignored until the end of the year when you're getting ready to file tax return?  Are you overwhelmed with your business finances?  If so, this is the episode for you!  
Today I discuss the top 3 tips for small business owners to organize their finances and eliminate the overwhelm.  You'll want to listen in to today's episode to insure you start off the new year right with your small business finances.
Enjoy!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Thursday Nov 16, 2023

Hey there!
Today we're discussing a question I hear often - "how do I pay myself as an entrepreneur and get money out of my business?"  This one comes up all the time, so I know it's likely something you're struggling with in your small business as well and I want to make sure you get it fixed ASAP!  Be sure to listen, take notes, and then share with a fellow entrepreneur that is likely struggling with the same problem.
I hope you find answers and encouragement in today's episode!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Monday Nov 13, 2023

Are you unsure what the heck capital gains even are?  Or what is a K1 and how does that impact your personal taxes?  Are you a small business owner trying to navigate health insurance and its tax implications for you? If so, this is the episode for you!  
Today I answered a listener's questions answering all things capital gains tax, pass-thru entities and K1s, plus health insurance tax implications.    You'll want to listen in to today's episode to learn the ins and outs of taxes for small business owners.
Enjoy!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Thursday Nov 09, 2023

Hey Friend,
Today I am answering a question from the community.  "Tiffany, what tax deductions should I definitely be taking in my business that I might not be taking on my tax return now? Help!" 
I love this question so much because it's important to make sure you're paying the right amount of tax, but not more than that!  So, I share the deductions that every small business owner and entrepreneur should be taking and why!
I hope you love it and that it helps you and your business!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Monday Nov 06, 2023

If preparing or having your taxes prepared is stressful to you, today's episode will offer helpful tips to take the stress out of your business taxes.  In today's episode, I share 9 tips to reduce the stress surrounding your taxes so your 2023 taxes aren't as overwhelming.
I hope you enjoy the episode!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Thursday Nov 02, 2023

If you've been on social media at all, consuming content related to your business finances and taxes, you've probably heard about the Augusta Loophole strategy.  Unfortunately, many small business owners don't implement this strategy properly, which leaves you at risk of an audit.  In today's episode, we discuss the Augusta Loophole tax strategy and answer a listener question on how to implement it properly so you stay out of the IRS crosshairs.
I hope you enjoy the episode!
Tiffany
 
Episodes mentioned in the podcast:
🎧 Episode #2 - "Top 5 Tax Deductions for Entrepreneurs"
🎧 Episode #47 - "Unlock Tax Savings | #1 Small Business Tax Deduction"
🎧 Episode #14 - "#1 Tax Reduction Strategy for Small Business Owners"
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Monday Oct 30, 2023

Are you thinking about switching CPAs and not sure what to look for?  Are you concerned about finding someone who is a good fit for you and your business that will help you make good business decisions?  If this is you, I share my top tips today to make sure you are able to make the best decision when finding a new CPA or tax preparer.
I hope you enjoy the episode!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Thursday Oct 26, 2023

Are you thinking about buying a business to operate or invest in?  Are you concerned about making a fatal mistake investing in a business and losing your money in the process?  If this is you, I share my top tips today to make sure you are able to make the best decision when investing in a business.
I hope you enjoy the episode!
Tiffany
 
🎧 Listen to Episode 45: "The Ugly Side of Real Estate Investing | Tax Edition" as mentioned in today's podcast about offsetting passive losses with passive income.
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Monday Oct 23, 2023

Are you one of the many business owners that Forbes said are overpaying their vendors by 10% each and every year?  Are you unknowingly bleeding money from your business and just have no idea how to figure it out?  Today I talk about a very common way you're losing money every year and what to do about it.
I hope you enjoy the episode!
Tiffany
 
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 --> hello@phillipsbusinessgroup.com 
📲 Follow me on IG @ the.tiffany.p.cpa

Copyright 2024 All rights reserved.

Podcast Powered By Podbean

Version: 20240731