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 Sep 28, 2023
Thursday Sep 28, 2023
When it comes to taxes, timing matters more than most business owners realize. In this episode, Tiffany breaks down whether you should file your taxes early, right on time, or hold out until the final deadline. You’ll learn the real advantages of early filing (like faster refunds and less stress), why some taxpayers wait, and how your filing date can even affect your chances of getting audited. Tiffany also shares insider insights from a former IRS tax attorney about why filing later in the season might work in your favor. If you’ve ever wondered whether to be first in line or last out the gate, this episode will help you decide what makes sense for your situation.
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 Sep 25, 2023
Monday Sep 25, 2023
In this episode, you’ll learn actionable ways to cut your tax bill before the year ends. We cover key tax strategies for small business owners, including when it makes sense to buy a business vehicle, invest in equipment, prepay expenses, or delay income. You’ll also hear about how Section 179 and bonus depreciation work, why timing matters for tax deductions, and how smart planning can reduce your business tax liability. This episode helps small business owners make better money decisions, stay ahead of tax deadlines, and approach tax planning with a clear strategy. Whether you want to maximize deductions, avoid common mistakes, or get a jump start on next year’s financial planning, these tax tips will help you take control.
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 Sep 21, 2023
Thursday Sep 21, 2023
In this episode, we break down the IRS’s sudden freeze on processing Employer Retention Credit (ERC) claims and what it means for small business owners. You’ll learn why the IRS is cracking down on ERC fraud, how to know if your business truly qualifies, and the three main criteria used for eligibility. We discuss the risks of working with aggressive ERC companies, how to handle existing claims, and what steps to take if you’ve already received a refund you may not have been entitled to. If you’ve been contacted by a third-party firm about ERC or are worried about your claim, this episode gives you clarity, tax advice, and next steps to protect yourself and your business.
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 Sep 18, 2023
Monday Sep 18, 2023
In this episode, I’m sharing why so many small business owners are overpaying taxes and what to do about it. Most CPAs just file your return—they don’t focus on tax reduction or smart strategies. That’s why I’ve built a new DIY course launching October 1st designed to teach small business owners how to maximize deductions, lower their tax bills, and confidently talk to their CPA about tax planning. Whether you want to DIY or simply know enough to make sure your CPA is doing their job, this episode explains why knowledge is power when it comes to small business tax savings. Learn how to spot missed tax strategies, avoid audit fear tactics, and take control of your business tax planning.
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 Jul 25, 2023
Tuesday Jul 25, 2023
Are you ready if the IRS comes knocking? In this episode, we break down exactly what documentation you need to protect your deductions and your business in case of an audit. Learn what the IRS considers proper evidence, why bank statements aren’t enough, and how to handle receipts, mileage logs, invoices, and meals and entertainment records. We also cover common mistakes small business owners make, the exceptions to the receipt rules, and how digital tools like Dext can help keep your records audit-ready. You’ll walk away with a clear, step-by-step approach to staying compliant, avoiding red flags, and proving your deductions. If you want to feel confident about your tax documentation and reduce your audit risk, this episode is a must-listen.
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 Jul 20, 2023
Thursday Jul 20, 2023
Thinking of buying a business vehicle? This episode breaks down Section 179, bonus depreciation, and IRS rules for vehicles over 6,000 lbs—and how to use these deductions to reduce your taxable income. Learn the difference between vehicles under 6,000 lbs, 6,000–14,000 lbs, and heavy equipment over 14,000 lbs, what qualifies as business use, and how bonus depreciation has changed in 2023. We cover accountable plans, mileage logs, luxury car limits, and whether you can deduct a personally purchased vehicle. Before you buy that SUV, truck, or heavy vehicle, listen to this to make sure you structure it correctly and maximize your tax savings.
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 Jul 18, 2023
Tuesday Jul 18, 2023
Investing in real estate can bring big tax benefits—but only if you know how to use them. In this episode, we unpack the truth about real estate tax losses and why so many investors get caught in tax traps. Learn the key differences between passive and non-passive income, the $25,000 loss limitation, how high earners lose out on deductions, and strategies like self-rental, grouping, and qualifying as a real estate professional. We also explain why short-term rentals like Airbnb follow a different set of tax rules and how to make sure you get every deduction you’re entitled to. If you own rental properties or are thinking about investing, this episode will help you avoid mistakes and maximize your tax savings.
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 Jul 13, 2023
Thursday Jul 13, 2023
Are self-employment taxes eating up your income? In this episode, we break down the taxes small business owners face—including self-employment tax, payroll tax, capital gains, and ordinary income tax—and why running a business is very different from being an employee. You’ll learn how self-employment tax works, why new business owners get blindsided by tax bills, and why strategies like S corporation elections, tax planning, and better withholding can save you thousands. We also cover the difference between ordinary income and capital gains, tax brackets, and how to start thinking strategically so taxes stop being your biggest expense. If you want to keep more of what you earn and stop feeling buried by taxes, this episode will show you where to start.
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 Jul 11, 2023
Tuesday Jul 11, 2023
Learn the top five tax deductions and tax savings strategies every small business owner should be using. In this episode of Small Business Finance, Tiffany explains how to take advantage of the home office deduction, pay your kids through the business, deduct self-employed health insurance, track startup and organizational costs, and make sure you’re claiming every ordinary and necessary expense. She also shares practical cpa advice on documentation and how to avoid IRS problems. Whether you’re new to business or growing fast, this episode will help you build confidence in small business finance, save money, and create smart strategies for long-term success.
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 Jul 06, 2023
Thursday Jul 06, 2023
Confused about how to pay yourself from your small business? You’re not alone. In this episode, we break down the right way to take money out of your business, why draws and transfers work differently than payroll, and the mistakes new business owners make that can wreck their finances and taxes. Learn why separating business and personal accounts is essential, how to know how much you can safely pay yourself, and why understanding your profit, overhead, and tax obligations comes before transferring a dime. If you’re a new entrepreneur or running an LLC or sole proprietorship and unsure how to handle paying yourself, this episode gives you clarity and confidence.
Episodes mentioned in the podcast:
🎧 Episode # 31 - Estimated Taxes: What Are They and How to Pay Them
🎧 Episode # 21 - Small Business Finance 101 for Entrepreneurs
🎧 Episode # 9 - 3 Strategies to Reduce your Audit Risk as an LLC
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