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: 💰 Join the Tax Savings Institute: http://taxsavingsinstitute.com 💲 Struggling with your bookkeeping? Check out the Ultimate Bookkeeping Guide: http://ultimatebookkeepingguide.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 --> tiffany@thetiffanyphillips.com

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Episodes

Monday Mar 04, 2024

Ready to save big on taxes? Tune in to hear how one client saved over $30,000! We'll reveal how smart financial moves and understanding your business can lead to huge savings. Learn about S corporation strategies, smart distributions, and how to handle excess basis to keep more money in your pocket. Whether you're a seasoned business owner or just starting, these insights can help you make better tax decisions. Join us to find out how partnering with the right tax pro can turn tax time into save time!
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Thursday Feb 29, 2024

Get ready to tackle tax time like a pro! In this episode, we're diving into the big questions of filing taxes for your business: To extend or not to extend? Should you file early or wait until the last second? Discover the perks of getting your taxes done ahead of time and find out if waiting until the last minute is really the risk some people say it is. From S Corps to C Corps and individual returns, we've got your deadlines covered.
Plus, learn the scoop on state extensions and how to avoid those pesky penalties and interest if you owe the IRS. Whether you're buying a house or selling a business, we'll guide you through making the right tax moves. Don't miss out on these must-know tips! Grab your coffee, and let’s get cozy with taxes.
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Monday Feb 26, 2024


In today's episode, we're getting real about the sneaky ways we might be holding ourselves back in business without even realizing it. I'll share some personal stories of my own "aha" moments and how I moved from feeling stuck to taking control. We'll explore how to spot the signs of self-sabotage and the powerful shifts that can happen when we step up and drive our business forward. Join me for an inspiring journey from self-doubt to success, and let's take back the steering wheel together. Get ready to be motivated to make those big changes that could transform your work and life! 🌟🚀
 
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Thursday Feb 22, 2024

Get ready to dive into the big question every growing business faces: When's the right time to hire? 🌟 In this episode, we chat about all things hiring - from figuring out if you need an extra hand to making sure your cash flow can handle it. We'll walk you through real-life scenarios, share personal stories, and give you smart tips to decide if it's time to expand your team or maybe wait a little longer. 🚀 Whether you’re a solo entrepreneur or running a busy company, this talk is packed with insights to help you make confident decisions that fit your business perfectly. Tune in and let's take the mystery out of hiring! Don't forget, success is all about making smart moves, and we're here to help you do just that! 🌈📈
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Monday Feb 19, 2024

In this must-listen episode, we dive into the brand-new 2024 rules for LLCs: the Beneficial Ownership Reporting. We know it sounds like a big deal, and it is, but don't stress! We're here to break it all down for you in simple steps so you can stay on top of things and avoid those scary penalties. Whether you've had your LLC for a while or just starting out, we've got all the info you need to make sure you're in the clear. Plus, we're tackling some tricky questions about CPAs and legal advice. 
If you're a business owner with an LLC, you won't want to miss this episode. Tune in to stay informed and keep your business running smoothly. Thanks for joining us, and let's navigate these new waters together!
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Thursday Feb 15, 2024

In this episode, we dive into a real-life question from a listener about how to pay themselves in a Partnership LLC. We explore the ins and outs of drawing a salary, the role of operating agreements, and the concept of guaranteed payments. Whether you're new to business or looking to streamline your finances, we break down the complexities into easy-to-understand advice. Plus, we touch on the decision between staying as a Partnership LLC or considering other structures like an S Corp. Don't miss out on practical tips to navigate the financial side of your business with confidence. Join us to clear up the confusion and find the best path for your partnership's success!
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Monday Feb 12, 2024

In this enlightening episode, we dive into the fascinating world of the six human needs and how they're secretly shaping your business success. Coined by Tony Robbins, these needs influence everything we do, sometimes without us even realizing it! From childhood influences to our quest for certainty and significance, we explore how these deep-rooted desires can either fuel our growth or hold us back. Whether you're an established business owner or just starting out, understanding these needs can transform the way you approach your goals.
Join us as we uncover practical tips to harness these insights for a more successful and fulfilling business journey. Don't let subconscious habits derail your dreams—tune in to learn how to navigate your path to success with awareness and intention. It's a conversation you won't want to miss, filled with personal experiences and strategies for growth. 
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Thursday Feb 08, 2024


 
In this eye-opening episode, we dive into a common yet sneaky mistake many business owners make—overpaying in taxes by paying themselves too much salary. It's easy to fall into this trap without even realizing it, but don't worry, we've got your back! We'll explore what overcompensation is, how it leads to unnecessary tax payments, and most importantly, how you can avoid it.
 
Whether you're a seasoned business owner or just starting out, you'll learn valuable tips on optimizing your salary to keep more money in your pocket. Tune in to discover how to make smart salary decisions that benefit both you and your business. Don't miss out on these must-know strategies to optimize your taxes this year!
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Monday Feb 05, 2024

Ready to keep more of your hard-earned money away from taxes? This episode dives into the secrets of the tax code, especially for the high rollers without a business. We're unpacking why owning a business is key to slashing taxes and sharing real stories from high earners like you who've turned the tide on their tax bills. Discover how starting a business or investing in one can be your golden ticket to tax savings. Whether you're pondering a side hustle or a full-scale enterprise, we've got actionable tips to make the tax system work for you. Tune in to transform how you handle your finances and start keeping more cash in your pocket. Don't miss out—your wallet will thank you!
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

Friday Feb 02, 2024

Get ready to dive deep into the unseen parts of your business that are key to your growth and abundance! In this eye-opening episode, we explore how mindset and emotions secretly shape your business success. You'll hear personal stories and insights on intertwining personal growth with professional progress, and why it's essential to master both. Learn why change, although tough, can lead to amazing things, and how controlling your emotions and rewriting your personal stories can power up your business. Whether you're a seasoned entrepreneur or just starting out, this episode will challenge you to look within and make the shifts that matter. Tune in to transform the way you think and lead your business to new heights in 2024 and beyond! 🚀✨
 
Next Steps:
☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com 

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