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
Thursday Nov 02, 2023
Thursday Nov 02, 2023
In this episode of the Small Business Finance podcast, Tiffany answers a listener’s question about whether having two rental agreements—one for a commercial kitchen and one for a home office—could trigger IRS red flags. She explains the Augusta loophole, how it differs from the standard home office deduction, and when it’s legitimate to rent your home to your business for planning meetings, training, or shareholder meetings. Tiffany shares practical guidance on documenting rental agreements, separating personal and business expenses, and how to stay compliant while reducing taxes. If you’re a small business owner navigating rental agreements or want to understand how to use the Augusta loophole without risk, this episode gives clear, actionable cpa tax advice and tax strategies to protect your business.
Episodes mentioned in the podcast:
🎧 Episode #2 - "Top 5 Tax Deductions for Entrepreneurs"
🎧 Episode #47 - "Unlock Tax Savings | #1 Small Business Tax Deduction"
🎧 Episode #14 - "#1 Tax Reduction Strategy for Small Business Owners"
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 30, 2023
Monday Oct 30, 2023
In this episode, Tiffany explains how to tell if your CPA is helping you grow—or holding you back. She covers seven signs you need a modern tax pro, including whether your CPA understands your business, provides personalized strategies, goes beyond bookkeeping to tax planning, and leverages technology like forecasting and AI. You’ll also learn why a modern firm’s expertise, broad experience, and up-to-date knowledge of tax laws are critical for small business owners who want to reduce taxes and make smarter financial decisions. If you’re tired of old-school accounting that just files forms without helping you plan ahead, this episode shows you exactly what to look for in a CPA who can provide proactive tax strategies and advice.
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 26, 2023
Thursday Oct 26, 2023
Thinking about buying or investing in a business? In this episode, Tiffany walks through what most people overlook when evaluating a business purchase. Learn how to assess whether a business is a smart investment, why “cash to seller” matters, how employee count affects whether it’s hands-off or hands-on, and why aligning the business with your skills or existing operations is crucial. Tiffany explains due diligence, financing considerations, and common traps that first-time buyers fall into—so you can avoid buying yourself a job instead of an asset. If you want to grow through acquisition or build passive income, this episode gives you the finance advice and tax planning mindset you need before you sign the deal.
🎧 Listen to Episode 45: "The Ugly Side of Real Estate Investing | Tax Edition" as mentioned in today's podcast about offsetting passive losses with passive income.
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 23, 2023
Monday Oct 23, 2023
Are you losing thousands of dollars each year without even knowing it? In this episode, Tiffany explains why small businesses often overpay vendors by up to 10% and what you can do to stop it. Learn the five main causes of overpayments—from poor reconciliation and duplicate vendor names to data entry mistakes and missing credits—and how to set up systems that catch errors before they cost you. Tiffany also breaks down how to handle vendor statements, watch for fraud, and implement controls as your business grows. If you want to keep more of your profits and stop leaking cash, this episode gives you actionable finance advice you can apply right away.
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 Oct 20, 2023
Friday Oct 20, 2023
Selling a business, property, or other investment and worried about a massive capital gains tax bill? In this episode, Tiffany explains how Opportunity Zones work and why this little-known strategy can defer, reduce, or even eliminate your capital gains tax entirely. You’ll learn what an Opportunity Zone is, where to find them, and the strict rules you must follow to qualify for these tax breaks. Tiffany breaks down step-ups in basis, the 5-, 7-, and 10-year benefits, and how reinvesting gains into these areas can turn a tax burden into a long-term wealth-building move. If you’re facing a big capital gains event and want actionable, advanced tax strategies, this episode will show you a legal, IRS-approved way to protect your profits.
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 16, 2023
Monday Oct 16, 2023
This episode dives into one of Tiffany’s favorite tax strategies—the Augusta Loophole—and why so many business owners get it wrong. You’ll learn how renting your home to your business for meetings, planning sessions, or training can create a powerful tax deduction, and the exact steps you must follow to keep it audit-proof. Tiffany covers the five biggest mistakes owners make: skipping a rental agreement, failing to document meetings, using low comps, not issuing a 1099, and not moving the money. Done right, this simple tax strategy can reduce your business tax bill while keeping you compliant with IRS rules.
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 12, 2023
Thursday Oct 12, 2023
If you’re a small business owner who only looks at your numbers at tax time, you’re probably overpaying the IRS. In this episode, Tiffany explains why ignoring your finances is a costly mistake and shows you how to fix it before year-end. Learn why keeping clean financial records matters, why a separate business bank account is non-negotiable, and how to track your revenue and expenses monthly—even with a simple spreadsheet. Tiffany breaks down when to use Excel vs QuickBooks, how to catch missing transactions, and why reviewing your numbers regularly will save you money, reduce stress, and help you make better decisions.
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 09, 2023
Monday Oct 09, 2023
If you own rental properties but your passive losses are stuck on your tax return because you earn too much to use them, this episode is for you. Tiffany explains a straightforward strategy that lets high-income business owners and investors unlock those losses and put them to work. She breaks down how adding your spouse as a passive minority owner in your business—or investing in a separate business—can create passive income that offsets those real estate losses. You’ll learn who this works for, what the IRS considers a “passive owner,” the thresholds to watch, and why this approach can save you thousands in taxes every year instead of waiting until you sell a property.
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 05, 2023
Thursday Oct 05, 2023
Feeling like taxes are eating away at everything you earn? You’re not alone—and it’s not just the IRS. In this episode, Tiffany talks straight about why so many small business owners end up overpaying in taxes year after year. She shares real-world examples of entrepreneurs who handed over their financial control and paid the price, explains why you can’t just assume your CPA or bookkeeper will catch everything, and outlines what you need to know (even if you hate numbers) to keep more of your money. You’ll learn why financial awareness is non-negotiable, how to shift out of “victim mode,” and the first steps to building systems that protect your profits.
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 02, 2023
Monday Oct 02, 2023
Nobody wants to hear from the IRS. In this episode, Tiffany lays out six of the most common red flags that can trigger an audit and what you can do to avoid them. From simple math mistakes and mismatched 1099 income, to cash-heavy businesses, talking too much, unusual deductions, and shady tax preparers—she breaks down how the IRS looks at these issues and how to protect yourself. If you want to stay off the IRS radar and keep your tax returns clean, this episode gives you the practical steps to make it happen.
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