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
Listen on:
Episodes
Monday Oct 28, 2024
Monday Oct 28, 2024
Sales tax is one of the most confusing—and dangerous—areas for business owners to get wrong. In this episode, Tiffany cuts through the noise and explains the 10 most important things you need to know about state sales taxes. From understanding nexus rules and registering for permits to dealing with multi-state online sales, resale certificates, filing deadlines, and keeping records, this episode will help you stay out of trouble with state tax authorities. If you’ve ever wondered whether you should be charging sales tax, how to handle out-of-state sales, or how to avoid surprise audits and penalties, 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
Thursday Oct 24, 2024
Thursday Oct 24, 2024
If your small business earns income across multiple states, you may be paying more tax than you should. In this episode, learn how different state tax rules work, why income earned in other states can create hidden tax bills, and how to fix it. Discover the five key things every business owner must know about residency, non-resident state returns, income allocation, and reciprocity agreements. You’ll hear a real client case study showing how a few smart strategies saved thousands by properly allocating income and fixing payroll taxes. Whether you want better tax planning, tax savings, or guidance from a CPA who understands multi-state complexity, this episode will help you minimize taxes and keep more money in 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
Monday Oct 21, 2024
Monday Oct 21, 2024
Growing a business past the early hustle and into the million-dollar range is exciting—but it’s also hard. In this episode, we dive into the “messy middle,” that stressful stage between $1M and $3M in revenue where owners feel stuck, overwhelmed, and unsure how to move forward. You’ll learn why this stage is normal, how to shift your mindset, and the key strategies to overcome it: building solid SOPs, delegating tasks, and hiring the right people to pull you out of the weeds. Tiffany shares her personal experience, lessons learned from clients, and practical steps to reduce stress while still scaling. If you’ve hit that wall where success feels heavy, this episode will show you how to move past it and reclaim control of your time and business growth.
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 17, 2024
Thursday Oct 17, 2024
The 2024 election is weeks away, and tax policy could shift dramatically depending on who wins. In this episode, Tiffany breaks down the key tax proposals from Donald Trump and Kamala Harris and explains how they could affect small business owners. You’ll learn about plans to change corporate tax rates, extend or sunset the Tax Cuts and Jobs Act, new credits for startups, potential increases to capital gains, and regulatory rollbacks or expansions. These tax strategies and policies could have a direct impact on your profits, your planning, and how much cash stays in your business. If you want to get ahead of the changes and start tax planning now, this episode will give you a clear, practical understanding of what’s at stake in 2024.
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 Oct 14, 2024
Monday Oct 14, 2024
In this episode, Tiffany reveals the exact strategies she used to save a client couple $67,581 in taxes. You’ll hear how a financial advisor and a CPA—both professionals—still missed major opportunities for tax planning until they partnered with an expert. This deep dive walks you through how S-corporation elections, the Augusta strategy, accountable plans, oil and gas investments, home office deductions, and a QSEHRA (health reimbursement arrangement) completely changed their tax bill. These actionable insights will help you see how a comprehensive tax plan can legally reduce your taxes, even if you think you’re already doing everything right. If you’ve ever wondered what a real tax planning engagement looks like and how to unlock hidden tax savings, this is the episode you don’t want to miss.
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 10, 2024
Thursday Oct 10, 2024
The year is almost over, and if you want to cut your 2024 tax bill, now is the time to act. In this episode, Tiffany walks you through seven critical tax planning steps every small business owner should take before December 31st. Learn why keeping your books current, reviewing contractor W-9s, calculating estimated taxes, planning retirement contributions, leveraging real estate, investing strategically, and reviewing missed deductions can dramatically reduce your taxes. These tax tips and strategies are designed to help you maximize deductions, avoid IRS penalties, and set up your business for success next year. Don’t wait until tax season—take control now and finish the year strong with smart planning that pays off when you file.
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 Oct 07, 2024
Monday Oct 07, 2024
If you own an S corporation, pulling too much money out of your business can create costly tax problems. In this episode, learn why excess distributions can trigger a shareholder loan, capital gains taxes, and IRS audits—and how to avoid them. You’ll discover clear steps to document loans with a promissory note, set up proper interest payments, and keep your business tax-compliant. Perfect for small business owners who want smart strategies to protect their business finances, reduce risk, and stay on the IRS’s good side. This episode breaks down complex CPA tax advice into plain English so you can take control of your small business finance decisions and keep more of your hard-earned income.
Episodes Mentioned in Today's Show:
🎧 Episode # 93 - "Tax Deadlines: How Overpaying Taxes is Costing You Big"
🎧 Episode #92 - "Breaking the Code: S Corp Tax Secrets Every Business Owner Must Know!"
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 03, 2024
Thursday Oct 03, 2024
Financial data breaches can destroy a business. In this episode, learn practical CPA advice on how to safeguard your financial information from hackers and avoid costly mistakes. We cover why two-factor authentication is non-negotiable, how password managers like 1Password can protect your accounts, why updating your software matters, and how to avoid weak security questions that hackers can guess. You’ll also learn how to manage employee access to sensitive data, back up systems to prevent catastrophic losses, and create smart strategies to protect your business finance. If you’re a small business owner, these tips will help you stay ahead of cyber threats and keep your financial information safe so you can focus on growing your business with confidence.
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 Sep 30, 2024
Monday Sep 30, 2024
Are you trying to grow your business alone? In this episode, learn why hiring a coach or advisor can change everything. Through personal stories about working with multiple coaches—from golf to business—you’ll see how outside guidance improves mindset, leadership, and time management. We dive into research showing how coaching increases revenue, boosts success rates, and helps business owners hit their goals faster. You’ll also learn why investing in help isn’t a luxury but a smart business strategy that makes you a stronger leader. If you want better decision making, less stress, and a clear path to growth, this episode will challenge the way you think about running 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
Thursday Sep 26, 2024
Thursday Sep 26, 2024
Most small businesses fail not because of lack of effort, but because of poor financial decisions. In this episode, we break down eight of the most common financial mistakes business owners make—and how to avoid them. From ignoring cash flow and losing track of costs, to failing at tax planning, relying only on savings, mishandling debt, chasing growth instead of scaling, skipping financial planning, and refusing to hire expert help. You’ll learn practical, actionable steps to get control of your business finance, reduce risk, and position your company for long-term growth. This is essential listening for any small business owner who wants to make better money decisions, build a scalable business, and avoid common pitfalls that can derail your success.
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