SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice
Stop Overpaying Taxes by $50K-$100K+ Every Year | The #1 Podcast for Women Entrepreneurs & Business Couples Who Want to Keep More of Their Hard-Earned Money Are you a successful woman entrepreneur or part of a husband-wife business team tired of watching 30-50% of your profits disappear to taxes? Fed up with CPAs who act more like tax preparers than strategic partners? Ready to discover the same tax strategies that save my clients an average of $97,398 annually? You’ve found your financial freedom headquarters. This isn’t another generic small business podcast. This is where ambitious entrepreneurs learn the insider tax strategies, financial systems, and money mindset shifts that transform six and seven-figure businesses from tax victims into wealth-building machines. What You’ll Discover: ✅ Advanced tax strategies most CPAs never mention (legally reduce taxes by 30-50%) ✅ How to audit-proof your business while maximizing deductions ✅ Financial systems that scale with your growing business ✅ Money mindset breakthroughs that unlock your wealth potential ✅ Real client case studies: $45K, $63K, $97K+ in annual tax savings ✅ Business structure optimization (LLC vs S-Corp vs Corporation) ✅ Cash flow management for sustainable growth Perfect for: Women business owners, female entrepreneurs, husband-wife business teams, six-figure earners, seven-figure business owners, real estate investors, professional service providers, e-commerce entrepreneurs, and anyone tired of overpaying the IRS. Meet Your Host: Tiffany Phillips, CPA & Tax Strategist For over 20 years, I’ve been the secret weapon behind successful entrepreneurs who legally keep more of their money. As a CPA and tax strategist (not just a preparer), I’ve helped clients save hundreds of thousands in taxes using my proprietary 85-point tax strategy system. My mission? Empower women entrepreneurs and collaborative business couples to stop overpaying taxes and start building real wealth. I’m here to challenge the ”good old boys club” of traditional accounting and give you the respect, partnership, and results you deserve. Why This Podcast Exists: Too many brilliant entrepreneurs—especially women—are being underserved by traditional CPAs who focus on compliance instead of strategy. You’re not looking for someone to just file your taxes; you want a partner who helps you keep more money, grow faster, and build generational wealth. Ready to Transform Your Financial Future? If you’re done accepting ”that’s just what you owe” and ready to implement proven strategies that put thousands back in your pocket, this podcast is your roadmap to financial freedom. New episodes weekly featuring actionable tax strategies, financial systems, mindset shifts, and real success stories from entrepreneurs just like you. 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
Monday Jan 06, 2025
Monday Jan 06, 2025
When Bench Accounting suddenly shut down at the end of 2024 and was scooped up by private equity days later, thousands of business owners were left scrambling for their financial records. In this episode, we unpack what happened, why so many businesses were caught off guard, and what this takeover means for you. More importantly, you’ll learn how to protect yourself from ever being in this situation: keeping copies of your tax returns, making sure you have access to your bookkeeping systems, and setting up processes to secure your data no matter what happens to your accounting firm. If you rely on an outside provider for bookkeeping or accounting, this episode will help you take control and safeguard your finances so your business isn’t vulnerable to sudden closures or chaos.
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 Jan 02, 2025
Thursday Jan 02, 2025
This episode is a pause to reflect on 2024 and the lessons, wins, and gratitude that shaped the year. From reaching 110,000 podcast downloads to personal health breakthroughs, building clarity in business, and creating a stronger team culture, I share the key things I’m thankful for and why they matter going into 2025. You’ll hear how focusing on gratitude, improving leadership, and letting go of overwhelm can change everything—not just in your finances, but in every part of your life. This isn’t about tax tips or strategies today; it’s about perspective. As we move into the new year, use this as inspiration to slow down, appreciate where you are, and build a plan for where you want to go next.
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 Dec 30, 2024
Monday Dec 30, 2024
In Part 2 of this series, we continue the deep dive into how to tell if your CPA is really on your side—or silently playing for Team IRS. Building on Episode 168, this episode gives you three more powerful questions to ask when you’re hiring a CPA or assessing your current one. You’ll learn why mindset matters, how to tell if they think strategically about tax planning, why a clear, written tax strategy (not just vague advice) is a must, and why it’s critical that your CPA collaborates with other professionals like lawyers and financial advisors to minimize your taxes. If you’re serious about tax reduction, smarter money decisions, and building the right financial team in 2025, these are the questions that can make or break your results.
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 Dec 26, 2024
Thursday Dec 26, 2024
Most business owners believe payroll is their biggest expense, but the truth is it’s taxes—and the wrong CPA can cost you far more than you realize. In this episode, you’ll learn why your CPA might be unknowingly working against you and how to tell if they’re truly helping you reduce your tax bill. I break down three crucial questions to ask your tax professional to find out if they’re on Team IRS or Team Taxpayer. You’ll hear why quarterly meetings matter, why knowing exactly how much they save clients each year is key, and why they should be able to explain proven strategies to legally reduce taxes. If you’re ready to stop overpaying and start building a tax strategy that works, this episode will give you the clarity and direction you need for 2025.
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 Dec 23, 2024
Monday Dec 23, 2024
Growth doesn’t happen by accident. As 2024 wraps up, it’s time to get intentional about how you’re going to grow and lead your business in 2025. In this episode, I share the three key actions I’m taking to set up a strong new year—and how you can apply them in your own business. You’ll hear why most business owners play it too safe when setting goals, how to delegate effectively, how to document and train your team so you stop being the bottleneck, and why creating space to think and learn is the secret weapon for making better decisions. If you’re ready to build momentum and grow faster in 2025, this episode will show you exactly where to start.
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 Dec 19, 2024
Thursday Dec 19, 2024
This episode breaks down four key moves every entrepreneur should make to grow their business in 2025. From improving your mindset to building strong systems, you’ll learn how to prepare yourself for the next stage of growth. We cover why investing in yourself matters, how to create workflows and systems that run without you, and why training and trusting your team is essential. You’ll also hear why preparing your external partners and vendors now sets you up for success. Whether you’re focused on small business finance, business strategy, or building better money decisions, these insights will help you enter the new year with clarity and focus.
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 Dec 16, 2024
Monday Dec 16, 2024
If you run a business in a state with income tax, this episode shows you how to legally lower your taxes using the pass-through entity tax (PTET). Learn how this state-level tax strategy lets you deduct state and local taxes directly on your business return instead of losing the benefit under the $10,000 SALT cap. We break down how PTET works, which states allow it, what types of income qualify, and why it can mean thousands in tax savings for entrepreneurs. You’ll also hear about compliance rules, deadlines, and why talking to your CPA now is key before 2025 tax law changes. This episode is packed with smart strategies for tax reduction, tax planning, and business finance.
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 Dec 12, 2024
Thursday Dec 12, 2024
In this episode, learn how high-income earners can still build tax-free wealth using the backdoor Roth IRA strategy. We break down who qualifies for a Roth IRA, current income limits, and why most business owners are locked out of direct contributions. You’ll discover how to use a traditional IRA to legally move money into a Roth IRA, why timing matters, and how to plan with a CPA and financial advisor to protect future income. With income tax rates likely to rise, this tax strategy gives you a way to create tax-free income in retirement. If you want smart strategies for tax reduction, tax planning, and future tax-free withdrawals, this episode is 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
Monday Dec 09, 2024
Monday Dec 09, 2024
This episode breaks down the latest updates on the Beneficial Ownership Information (BOI) reporting requirements and how a recent federal court injunction affects U.S. business owners. Learn what the Corporate Transparency Act (CTA) is, who must file, and what the penalties look like. We explain why the Texas court halted enforcement, what this temporary suspension means for you, and how to decide whether to file or wait. With a January 2025 deadline looming and potential changes from the Department of Justice and Congress, you’ll get clear, practical cpa advice on compliance, risk management, and protecting your business from penalties. Stay informed so you can make smart strategies and tax planning decisions in a fast-changing regulatory environment.
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 Dec 05, 2024
Thursday Dec 05, 2024
In this episode, we unpack what Donald Trump’s proposed 100% tariffs on BRICS nations—Brazil, Russia, India, China, and South Africa—could mean for U.S. businesses in 2025. Learn why these tariffs matter, how they affect supply chains, inflation, and global trade, and the specific ways small business owners can prepare. We cover opportunities that may come from reshoring manufacturing, the potential return of stronger R&D tax credits, and current tax incentives for importers and exporters like duty drawbacks and IC-DISC structures. With billions of dollars in trade between the U.S. and BRICS countries at stake, this discussion highlights how smart strategies and tax planning can help you adapt and protect your business.
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