SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice

The QBI deduction can let qualifying business owners deduct up to 20% of their qualified business income. Now it is permanent—but that does not mean every owner will get the full benefit.
In this episode, Tiffany explains the new 2026 income thresholds and why service businesses face tougher rules. You’ll learn what happens when your income enters the phaseout range, how S corporations and owner pay affect QBI, and why a Roth conversion could shrink your deduction.
You’ll also discover why buying equipment or hiring workers just for a deduction can be a costly mistake. These practical tax tips will help you make smarter tax planning and money decisions before the year ends.
Your QBI deduction may be changing while your business grows. Listen now so you can plan before it’s too late.
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!
Want to see the QBI calculation walked through with real numbers? Comment "QBI" for more info!

One business owner used $270,000 in investment losses to reduce his federal tax by about $64,000 in the year he sold his company. But was it true tax savings—or simply a bill moved into the future?
Tiffany explains how direct indexing and tax-loss harvesting can help offset capital gains while keeping a portfolio invested. You’ll learn how lower cost basis, added fees, investment risk, and the wash-sale rules can change the final result. Listen now and learn where the opportunity—and the hidden tax trap—may be.
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Subscribe for more practical tax saving tips... Keep More!
It's not what you make, it's what you keep. Ready to keep more? Comment "HARVEST" for more info!

One business owner paid $21,600 a year for family health insurance. He thought he was getting the tax deduction—but a simple S corporation reporting mistake cost him about $7,000 a year.
In this episode, Tiffany explains how the self-employed health insurance deduction really works. You’ll learn why the rules change for sole proprietors, partners, and S corporation owners. You’ll also discover three traps that can erase the deduction, including low earned income, access to an employer health plan, and missing W-2 reporting.
These practical tax tips can help you improve your tax planning and avoid leaving valuable tax savings on the table. Tiffany also explains why this deduction lowers income tax but not self-employment tax.
If you pay for your own health insurance, listen now—before another tax year slips away.
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!👉 Want me to break down how to deduct your own coverage and stack what you keep? Comment “KEEP” and I'll help you figure it out!

Is your S corp salary putting your business at risk? Many owners pay themselves a small wage and take the rest as distributions. That may cut payroll taxes, but it can also raise an IRS red flag.
Tiffany explains how the IRS decides whether your salary is reasonable. You’ll learn why the popular 60/40 rule is a myth, what happens when distributions are treated as wages, and how market data can protect you. She also shares three ways to calculate your salary and the records you should keep.
These practical tax strategies and tax planning steps can help you lower risk without giving up legal tax savings. Before you run your next payroll, learn how to choose—and prove—the right salary.
Listen now before a surprise IRS letter forces you to learn the hard way.
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!👉 Want me to break down how to pay yourself the right way?  Comment "SALARY"
 

Why do wealthy people often pay less in taxes? It is not always because they earn less. It is because they own assets and use the tax code differently.
In this episode, Tiffany explains how business owners and investors use appreciation, borrowing, depreciation, cost segregation, and step-up in basis to protect and build wealth. You will hear real examples of people who accessed cash, lowered taxable income, and planned for future wealth transfers without relying on illegal loopholes.
You will also learn why strong tax planning starts long before tax season—and how stacking several legal tax strategies can create a much bigger result.
This episode offers practical CPA advice for business owners who want better tax savings, smarter wealth planning, and a stronger long-term tax strategy.
Listen now and learn why keeping more starts with owning differently.
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!👉 Want me to break down a strategy for your business to keep more?  Comment "STRATEGY"

Your September 15 estimated tax payment may be much larger than it needs to be.
In this episode, Tiffany explains four tax strategies that can help business owners protect their cash flow and avoid costly underpayment penalties. You’ll learn how the IRS safe harbor rule works, why S corporation withholding can help correct missed payments, and how seasonal businesses can use the annualized income method.
You’ll also discover how retirement contributions and properly timed equipment purchases may lower the income used to calculate your estimated taxes.
Estimated payments should match how your business actually earns money. They should not force you to drain your cash when you need it most.
Listen now—because there may still be time to reduce your September tax check.
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!
It's not what you make, it's what you keep. Ready to keep more? Comment "WITHOLD" below👇

Many business owners work for years to build wealth but leave it exposed without realizing it. In this episode, Tiffany explains how a holding company can help protect cash, equipment, real estate, and other valuable assets from business liability. You'll learn when this strategy makes sense, how it works, common mistakes that can destroy its protection, and where tax planning opportunities may exist depending on your entity structure.
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!👉 Want me to break down how to actually build a holding company structure step by step for you?  Comment "HOLDCO"

Think a cost segregation study automatically saves you thousands in taxes? Not so fast. In this episode, Tiffany Phillips, CPA, explains how cost segregation really works, who benefits most, and why a large deduction doesn't always mean immediate tax savings. You'll learn how tax strategies, passive activity rules, bonus depreciation, and timing all affect your results. Tiffany also shares when she actually tells clients not to order a cost segregation study—and why that's often the smarter business finance decision. If you own rental property or commercial real estate, this episode will help you avoid expensive mistakes and make better tax planning decisions with confidence.
Listen now before you spend thousands on a strategy that may not fit your situation.
 
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!
⭐Comment “COSTSEG” and tell me whether you own a long-term rental, short-term rental, multifamily property, or commercial building.

Many homeowners and real estate investors pay more in property taxes than they should. A missing exemption, incorrect property record, inflated assessment, or ownership change could cost you hundreds—or even thousands—of dollars.
In this episode, Tiffany shares six legal tax strategies that may help you lower, freeze, defer, or challenge your property taxes. You'll learn how to check your homestead exemption, find errors in your property record, prepare a strong assessment appeal, and avoid costly mistakes involving LLCs, trusts, and property classifications.
You'll also learn why deadlines matter and how a simple ten-minute review could improve your cash flow and support your larger tax planning goals.
Before you pay your next property tax bill, listen to this episode and check the record behind the number.
 
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense!👉https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call👉https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com✅ Like and Rate us for more practical tax saving tips
👉 Comment “PROPERTY” and tell me what state your property is in, because I want to know which state-specific property tax topics I can help you with. Keep More!

Business owners hear it all the time: "Just buy it. It's a tax write-off." But that's not how smart tax planning works. In this episode, Tiffany Phillips, CPA, breaks down the biggest myths about tax deductions under the new tax law and explains how bonus depreciation, Section 179, QBI, business debt, and estimated taxes work together. You'll learn why buying equipment just to save taxes can actually cost you more, how to make better money decisions, and why great tax strategies look at your whole business—not just one deduction. If you want practical CPA advice that helps you keep more of what you earn, this episode is for you. Don't make an expensive tax mistake because of a headline. Listen now and learn how to build a smarter tax strategy before year-end.
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense!👉https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call👉https://calendar.phillipsbusinessgroup.com/tax📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips
👉 Comment "BILL" for what part of the bill YOU want to learn to help you Keep More!