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 Feb 26, 2024
Monday Feb 26, 2024
Are you holding your business back without realizing it? In this episode, I share a personal story of how a subtle victim mindset was sabotaging my success. I explain the difference between sitting back and hoping things work out versus taking full ownership of your results, and how shifting into an empowered owner mindset changed everything in my business and life. If you’ve been feeling stuck or frustrated with your growth, this conversation will help you identify success blockers, reset your financial mindset, and start making decisions from a place of strength. This is an honest, vulnerable episode packed with practical insights for female entrepreneurs and small business owners ready to step into their power. 🌟🚀
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 Feb 22, 2024
Thursday Feb 22, 2024
Hiring can feel like one of the most intimidating moves you make as a business owner. In this episode, I break down how to know when it’s time to add a new employee or contractor, and how to make that decision without guesswork. You’ll hear a real-world example of how a waiting list and pricing strategy showed it was time to grow, plus why cash flow, backlog, and marketing metrics matter when planning your next hire. We’ll cover how to review your profit and loss, adjust pricing, and make small changes that have a big impact. If you’ve been wondering how to expand without breaking your business, this episode gives you clear business strategy and mindset for entrepreneurs to help you move forward 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 Feb 19, 2024
Monday Feb 19, 2024
Starting January 1, 2024, LLCs face a new federal requirement: Beneficial Ownership Reporting. In this episode, I break down exactly what this new rule means, why it matters, and how to stay in compliance so you avoid massive penalties. You’ll learn who must file, how the rules differ for LLCs created before and after 2024, what deadlines apply, and why this report is separate from your tax return. I also explain why CPAs may not be able to prepare this report, and what steps you should take now to make sure your business is covered. If you own an LLC, don’t miss this important update on small business compliance and tax strategies.
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 Feb 15, 2024
Thursday Feb 15, 2024
How do you pay yourself when your business is a partnership LLC? In this episode, I answer a listener’s question about the right way to take money out of a small husband-and-wife partnership LLC. We cover guaranteed payments, partner draws, K-1 income, and why W-2 salaries don’t apply to partnerships. I also talk about when an S Corp election might make sense, why community property states matter, and the importance of having an operating agreement. If you’re confused about paying yourself from a partnership or wondering whether you set up your LLC the right way, this episode will give you clear CPA advice and smart strategies to stay compliant and plan ahead.
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 12, 2024
Monday Feb 12, 2024
What’s driving your business decisions without you even realizing it? In this episode, I unpack Tony Robbins’ concept of the six human needs—certainty, variety, significance, connection, growth, and contribution—and how these hidden drivers impact your success as an entrepreneur. You’ll learn how to identify whether your dominant need is certainty or significance, how these needs can push you forward or sabotage your goals, and simple ways to align them with healthy business strategies. If you’ve been feeling stuck, overwhelmed, or frustrated in your business, this episode will help you understand yourself better and make smarter decisions that lead to 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 Feb 08, 2024
Thursday Feb 08, 2024
Are you unknowingly paying more taxes than you need to? In this episode, I reveal how overpaying yourself through payroll can cost you thousands in extra taxes every year. Many S corp and C corp owners set their salaries too high without realizing the payroll tax hit on every check. I explain why paying yourself a “big CEO paycheck” can backfire, how to calculate a reasonable salary, and the simple reporting process that protects you during an IRS audit. You’ll learn the difference between salary and owner draws, why methodology matters, and how to use smart strategies to optimize your tax planning. If you want to stop overpaying in taxes and keep more of what you earn, 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 Feb 05, 2024
Monday Feb 05, 2024
High net worth individuals often feel stuck paying massive tax bills year after year. In this episode, I explain why W-2 income offers very few ways to reduce taxes and why owning a business changes everything. Through real client conversations—including a doctor earning nearly $1M—I show why starting or investing in a business opens the door to meaningful tax strategies. You’ll learn how LLCs and business income create opportunities for deductions, wealth building, and smarter tax planning. If you’re a high-income earner frustrated by your IRS bill, this episode shows the clear steps you can take to finally leverage the tax code.
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 02, 2024
Friday Feb 02, 2024
Business growth isn’t just about strategy or hard work—it’s deeply tied to your mindset and how you manage your emotions. In this episode, I explore the intangible side of entrepreneurship: how unexamined beliefs, emotional triggers, and the stories we tell ourselves can limit success. You’ll hear how personal experiences shape reactions, why emotional control matters more than you think, and practical ways to reframe challenges so they stop controlling you. If you’ve ever felt stuck, frustrated, or like emotions get in the way of your business goals, this episode gives you tools to shift perspective, regain control, and create space for growth and abundance 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
Tuesday Jan 30, 2024
Tuesday Jan 30, 2024
Confused about payroll taxes? This episode breaks down the different types of payroll taxes and how they affect small business owners. You’ll learn the difference between FICA, FUTA, SUTA, Medicare tax, and self-employment tax, plus the 2024 limits you need to know. Tiffany explains how payroll works for sole proprietors, LLCs, and S Corps, why self-employment tax hits so hard, and how to handle state and federal unemployment taxes. She also shares why paying yourself the right salary can help with tax reduction and smarter money decisions. Whether you’re new to small business finance or just want clarity on tax strategies, this episode will give you practical, plain-English cpa advice that can save you money and 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
Thursday Jan 25, 2024
Thursday Jan 25, 2024
Are you sending too much money to the IRS every year? In this episode, Tiffany explains why most business owners overpay in taxes and how to fix it in 2024. You’ll learn the four most common reasons companies waste money on taxes, including poor planning, bad entity choices, lack of tax strategies, and working with the wrong CPA. Tiffany also highlights the difference between reactive and proactive tax planning and why specialized cpa advice matters. If you own a small business or have a side hustle and pay significant taxes, this episode gives you a roadmap to tax reduction, smart strategies, and better money decisions. It’s time to stop overpaying and start using the tax code to your advantage. 🌟💼📈
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