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
Listen on:
Episodes
Friday Mar 07, 2025
Friday Mar 07, 2025
Are you really saving money by doing your own taxes and accounting? Or could you be making costly mistakes without even knowing it? In this episode, we dive into the pros and cons of DIY taxes, the common traps business owners fall into, and how small errors can lead to big tax bills.
I’ll share real-life examples of DIY tax mistakes (including one that cost a business owner thousands!) and explain when it’s time to bring in a professional. Plus, if you’re looking to hire a CPA, I’ll walk you through the right questions to ask to find the best fit for your business.
If you’ve ever wondered whether you should handle your own taxes or hire help, this episode is for you! Don’t forget to grab my free CPA hiring checklist—the link is in the show notes. Tune in now!
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
Wednesday Mar 05, 2025
Wednesday Mar 05, 2025
Are you paying more for business insurance but getting less coverage? You’re not alone! In this episode, we dive into the insurance crisis that’s leaving business owners exposed to huge risks. Tiffany talks with Van Carlson, CEO of SRA 831B Admin, about a smarter way to protect your business.
Van shares how traditional insurance is changing and why many claims are getting denied. He also explains how business owners can take control of their own risk and use tax-advantaged strategies to build a safety net.
If you're tired of overpaying for insurance and feeling unprotected, this episode is a must-listen! Learn how to safeguard your business, lower your taxes, and stop relying on broken systems.
Next Steps:
✅ Connect with Van Carlson
💰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 Mar 03, 2025
Monday Mar 03, 2025
Want to grow your business and maybe even sell it for millions? In this episode, I sit down with Eric Malka, the entrepreneur who built The Art of Shaving from scratch and sold it to Procter & Gamble. Eric shares the hard truths about scaling, why most businesses fail, and how to build a strong foundation for long-term success.
We dive into the biggest mistakes small business owners make, the key principles that stand the test of time, and why slowing down at the start can actually help you grow faster. Plus, Eric reveals how great leadership and strong processes make all the difference when scaling a company.
If you’re dreaming of building a business that lasts—or even one day selling it—this episode is packed with insights you don’t want to miss.
🎧 Hit play now and learn how to scale the smart way!
Next Steps:
🚀 Connect with Eric Malka on Instagram and LinkedIn
💰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
Friday Feb 28, 2025
Friday Feb 28, 2025
Are you about to sell your business or real estate and worried about a massive tax bill? In this episode, I reveal a powerful tax strategy I’ve never shared before—one that can help you legally defer capital gains taxes and keep more of your hard-earned money.
A Deferred Sales Trust is a smart alternative to a 1031 exchange, allowing you to reinvest the full sales price instead of handing a big chunk to the IRS. Whether you're a business owner, real estate investor, or stockholder, this strategy can help you grow wealth while managing taxes wisely.
I break down how it works, the key benefits, common myths, and real numbers to show you how much you could save. If you're selling a high-value asset soon, this could be a game-changer!
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
Wednesday Feb 26, 2025
Wednesday Feb 26, 2025
Interest rates are sky-high, and getting a business loan feels harder than ever. But don’t worry—there are smart ways to get the funding you need without overpaying or falling into a financial trap!
In this episode, I sit down with Elizabeth Gore, Co-Founder & President of Hello Alice, to talk about the best lending options for small business owners. We’ll cover how to get the best loan rates, why business lines of credit can be a game-changer, and how grants could be free money for your business (if you know where to look!).
Elizabeth also shares the biggest mistakes business owners make when borrowing money—and how to avoid them. Whether you’re looking to grow your business or just want to be prepared for the future, this episode is packed with must-know advice.
Tune in now and learn how to take control of your business finances! 🚀
Next Steps:
⛓️💥Connect with Elizabeth Gore on Hello Alice and LinkedIn
💰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 Feb 24, 2025
Monday Feb 24, 2025
Growing up, I watched my dad run his business all by himself—no team, no support, just long hours and total burnout. At first, I followed the same path, thinking I had to do everything on my own. But then, I realized this was the biggest mistake holding me back.
In this episode, I share how I broke free from the solo business trap and built a strong team that helps me grow without feeling overwhelmed. I’ll walk you through the mindset shift, the systems I put in place, and how letting go of control actually led to better service, happier clients, and more success.
If you’re stuck doing everything yourself, this episode is for you! It’s time to take the first step toward scaling your business—without the stress.
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
Friday Feb 21, 2025
Friday Feb 21, 2025
Did you know your tax refund could be stolen before you even file your return? In this episode, we sit down with Kevin, CEO of TaxStatus, to uncover shocking fraud risks that most people don’t know about. With over 272 million Social Security numbers leaked, scammers are filing fake tax returns, stealing refunds, and even collecting government benefits in your name!
Kevin explains how criminals pull off these scams and what you can do right now to protect yourself. From setting up an IRS PIN to using financial monitoring tools, we cover simple steps to keep your hard-earned money safe.
If you’re a small business owner, taxpayer, or financial professional, this episode is a must-listen. Don’t wait until it’s too late—learn how to fight back against tax fraud today!
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
Wednesday Feb 19, 2025
Wednesday Feb 19, 2025
Think you make too much money to have tax-free income in retirement? Think again! In this episode, we uncover a powerful strategy that high-income earners can use to build a steady, tax-free income stream—without a Roth IRA.
You’ll learn:✅ Why taxes in retirement could be higher than you expect✅ How the wealthy use a special kind of life insurance to create tax-free income✅ The pros, cons, and risks of this advanced strategy✅ What to ask your financial advisor before setting it up
This is NOT your typical retirement plan, and it’s not for everyone. But if you want to protect your wealth and keep more of your hard-earned money, this episode is a must-listen.
Hit play now and take control of your financial future! 🚀💰
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 Feb 17, 2025
Monday Feb 17, 2025
Big tax changes are coming fast! In this episode, we break down five major tax changes the Trump administration is planning. From no more taxes on tips and overtime to cutting tax breaks for billionaire sports team owners, these changes could have a big impact on your business and personal finances.
We’ll cover how adjusting the SALT deduction cap might save you money, why Trump is closing tax loopholes for the wealthy, and how Made in America tax cuts could create new opportunities for business owners.
If you’re a small business owner, you need to know what’s coming so you can plan ahead. Don’t wait—these changes could roll out fast! Tune in now to learn how to protect your profits and pay less in taxes.
🎧 Episode 154 = "How Trump's Election Win Could Change Your Taxes: What Business Owners Need to Know"
🎧 Episode 165 - "State Tax Loophole Every Entrepreneur Needs to Know About!"
🎧 Episode 186 - "BRICS Tariffs & Trump 2025: What Small Business Owners Need to 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
Friday Feb 14, 2025
Friday Feb 14, 2025
Are you a business owner or high-income earner looking for a smarter way to save for retirement? In this episode, we’re uncovering a little-known retirement strategy that could let you contribute up to $300,000 annually while slashing your taxes. It’s called a cash balance plan, and it’s a game-changer for profitable businesses.
We’ll break down how this plan works, who qualifies, and why it’s a step up from traditional 401(k)s or SEP IRAs. Learn how to use this strategy to supercharge your retirement savings, reward employees, and keep more of your hard-earned money.
If you want to make the most of your profits and plan for a financially secure future, this is an episode you don’t want to miss! Hit play and discover how to take your retirement strategy 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