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 Dec 02, 2024
Monday Dec 02, 2024
In this episode, learn how to turn everyday business expenses into bigger deductions with three IRS-approved rules. Many small business owners miss out on deductions because they don’t know how to structure expenses correctly. We break it down: how to make sure an expense has a clear business purpose, what counts as “ordinary” in your industry, and how to prove an expense is necessary for generating income. You’ll hear examples of meals, travel, home use, and even family involvement that can become legitimate business write-offs with proper documentation. These simple tax planning strategies can help you reduce taxable income and keep more of your hard-earned money—legally.
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 Nov 28, 2024
Thursday Nov 28, 2024
This episode walks you through exactly how to prepare your business for 2024 year-end taxes so you can avoid stress in tax season. You’ll learn why keeping your financials up to date is critical, how to handle 1099 reporting, and why collecting W-9s from contractors before payment is non-negotiable. We also cover tips for organizing your books, using QuickBooks or other tools to track vendors, and how to choose the right CPA for tax planning and strategy. Whether you need help with bookkeeping, 1099 compliance, or upgrading your tax strategy, these steps will help you start 2025 on solid financial footing and avoid penalties.
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 Nov 25, 2024
Monday Nov 25, 2024
In this episode, learn how to turn cash flow struggles into surplus by focusing on the biggest expense most business owners overlook: taxes. Instead of stressing over late payments or small cost cuts, we explain how tax planning can free up thousands of dollars quickly. Discover how quarterly tax reviews, proactive strategy, and smart CPA partnerships can reduce overpayments and leave more cash in your pocket—sometimes immediately by cutting future estimated tax payments. If you’ve never had a deep tax assessment, you’re almost certainly overpaying. This conversation shows you how to stop missing opportunities and use tax strategies as a direct way to improve cash flow and financial control heading into 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
Thursday Nov 21, 2024
Thursday Nov 21, 2024
Most business owners overpay taxes by 20–30% simply because they’ve never worked with a CPA who actively plans and implements strategies all year long. In this episode, you’ll hear how proactive tax planning works, how to know if you’re ready for it, and why a traditional once-a-year tax prep mindset is costing you thousands. We explain what a true advisory engagement looks like, how small changes to documentation and structure can create big deductions, and why partnering with a tax advisor who understands your business can transform your cash flow. If you’ve been paying high taxes without a clear plan, this episode will help you see what’s possible when you approach taxes strategically instead of reactively.
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 Nov 18, 2024
Monday Nov 18, 2024
Sold your house for a big gain? In this episode, we break down exactly how capital gains taxes work on a home sale and three strategies you can use to reduce or even eliminate the tax bill. Learn why the popular 1031 exchange doesn’t apply to personal residences, how the IRS $500,000 exclusion works, and why you still need to report the sale even if you qualify for the exclusion. Then we dive into real options, including qualified opportunity zone investments, using capital losses to offset gains, and an advanced oil and gas investment strategy that can wipe out a six-figure tax bill while keeping most of your cash free. If you want practical, legal ways to protect your profit from taxes, this episode shows you how.
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 Nov 14, 2024
Thursday Nov 14, 2024
Should you put your spouse on payroll? This episode explains why paying your spouse from your business can be a smart move and how to do it right. We cover the tax benefits, including deductions for travel, extra retirement contributions, and how to structure pay so you avoid payroll taxes using a medical expense reimbursement plan. You’ll learn the rules for making it IRS-compliant—job descriptions, documentation, and fair pay—and how these strategies can reduce federal, state, and payroll taxes. Whether your spouse already helps in your business or could take on specific roles, this approach can keep more money in your pocket and open up new tax-saving opportunities in 2024 and beyond.
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 Nov 11, 2024
Monday Nov 11, 2024
As year-end approaches, many business owners scramble to reduce taxes by buying equipment—but is that really the smartest move? In this episode, we unpack the key questions you need to answer before leasing or buying equipment. Learn how to decide if a purchase makes sense based on ROI, cash flow, and your projected 2024 vs. 2025 tax liability. We explain the difference between a capital lease and an operating lease, why only capital leases allow Section 179 depreciation, and how to compare the total costs of leasing versus buying so you can make the right financial choice. This episode will help you think strategically about big equipment decisions instead of rushing into purchases just for a tax deduction.
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 Nov 07, 2024
Thursday Nov 07, 2024
Trump’s election win raises big questions about how tax policy could shift for business owners. In this episode, we unpack what you need to know right now. Tiffany breaks down the looming 2025 sunset of the Tax Cuts and Jobs Act, why QBI deductions and lower tax brackets are at stake, and what a Trump administration is likely to prioritize. She also shares insights on potential tax reforms, tariffs, and even the possibility of an IRS overhaul. Whether these changes stick or evolve, this episode prepares you for what’s ahead so you can plan, adjust, and stay ahead of the curve.
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 Nov 04, 2024
Monday Nov 04, 2024
Most business owners are running their companies based on where they are today, not where they want to be three years from now—and it’s keeping them stuck. In this episode, Tiffany opens up about how shifting her mindset and working with coaches has changed how she builds her team, makes decisions, and creates growth. She explains why a clear, documented vision isn’t optional, how to bring your team into it, and how this one change impacts hiring, culture, and daily priorities. If you’re serious about scaling, this episode is about thinking bigger, making future-focused decisions, and creating a team that moves with you toward that bigger vision.
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 Oct 31, 2024
Thursday Oct 31, 2024
No business owner wants an IRS audit—but hoping it won’t happen isn’t a strategy. In this episode, Tiffany breaks down seven practical steps to make sure your business is ready if the IRS comes calling. From keeping airtight records and understanding how to respond to notices, to documenting deductions properly and knowing your rights, she explains exactly how to protect yourself. Whether you’re overwhelmed by receipts, worried about what triggers an audit, or want to avoid making costly mistakes, this episode gives you the roadmap to stay stress-free and confident.
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