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 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
Tuesday Jul 04, 2023
Tuesday Jul 04, 2023
Losing your spark as a business owner? You’re not alone. In this episode, I share how I pulled myself out of a long season of feeling stuck in my business and personal life—and how you can do the same. From getting uncomfortable on purpose, trying new hobbies, and making space for creativity, to working with a coach, meditating, and redefining what you want your business to look like, these strategies helped me rediscover joy and excitement as an entrepreneur. If running your business has started to feel heavy, boring, or uninspiring, this episode will show you practical ways to reset, dream again, and build a life and business you love.
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 Jun 29, 2023
Thursday Jun 29, 2023
New business owners often underestimate how much they need to set aside for taxes. This episode breaks down exactly how to prepare for IRS estimated payments so you’re never caught off guard. Learn the basics of setting aside funds for federal income tax and self-employment tax, how to calculate your tax bracket, why a separate bank account for taxes is critical, and when you actually need to start paying quarterly. We also cover the difference between your first year in business and future years, common pitfalls, and the smartest way to avoid overpaying while still being prepared. If you want to avoid the stress of a big tax bill at year-end and finally feel confident about how much to pay the IRS, 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
Tuesday Jun 27, 2023
Tuesday Jun 27, 2023
Thinking about starting a business but confused about LLCs? This episode covers everything you need to know before you file. Learn why LLCs matter for protecting your personal assets, the right way to separate business and personal finances, and how to avoid the common mistake that makes your LLC useless in a lawsuit. We also cover how to form an LLC in your state, when you might need an attorney, the role of an operating agreement, whether you should register in a different state, and how to get your EIN so you can open a business bank account. If you’re a new business owner and unsure about LLCs, this episode gives you a clear roadmap for doing it the right way.
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 Jun 23, 2023
Friday Jun 23, 2023
In this episode, I tackle listener questions that every new business owner needs to hear. We dig into two critical topics:
Business addresses: Should you use your registered agent’s address or your home address on tax filings, and why does it matter?
Quarterly taxes: How to handle estimated taxes in your first year, what percentage of profit to set aside, and when the IRS expects payments.
High-yield savings accounts: Should your LLC have one? How interest from these accounts affects your taxes.
If you’re just starting out with an LLC and want to avoid easy-to-make mistakes around compliance and cash management, this episode will give you clear answers and next steps.
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 Jun 19, 2023
Monday Jun 19, 2023
In this episode, I tackle the single biggest reason millions of business owners are overpaying taxes: the wrong business structure.
You’ll learn:
Why 23 million small businesses are paying more taxes than they should.
How your entity type (LLC, S Corp, Partnership, C Corp) impacts what you owe.
The two questions that tell you if you’re leaving money on the table.
When an S corp makes sense—and when it’s a terrible idea.
Why you can’t rely on year-end tax prep alone if you want to stop overpaying.
If you own a business, suspect you’re paying too much tax, or aren’t sure if your CPA is doing enough, this episode will open your eyes to what’s possible when you get the structure and strategy right.
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 Jun 15, 2023
Thursday Jun 15, 2023
Cash flow can make or break a small business. In this episode, we talk about why so many small businesses run into cash flow problems and what to do about it. You’ll learn how to forecast your cash flow, manage receivables and payables, avoid relying too much on a few big clients, and build a healthy cash reserve. We cover simple tools, from spreadsheets to software, that help you stay ahead. You’ll also hear tips for handling seasonal slowdowns, negotiating with vendors, and using smart strategies like payment terms and lines of credit. Whether you’re new to small business finance or just want to sleep better at night, this episode gives you clear, practical steps to strengthen 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 Jun 12, 2023
Monday Jun 12, 2023
Big tax changes are coming, and this episode breaks them down in plain English. We cover draft bill HR 3938 and how it impacts research and development credits, bonus depreciation, and energy credits. You’ll learn what the GOP’s proposed tax package means for families, contractors, small businesses, and those using apps like PayPal and Venmo. We also talk about changes to 1099 rules, potential extensions to key tax cuts, and why these moves are designed to spark economic growth. If you own a small business, work with contractors, or just want to understand how these changes could hit your wallet, this episode gives you practical cpa advice and tax strategies to prepare 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
Thursday Jun 08, 2023
Thursday Jun 08, 2023
Do you suspect you’re paying too much in taxes? You’re probably right. In this episode, we break down why most business owners overpay and how to fix it. You’ll learn what true tax planning looks like (it’s more than a once-a-year meeting), how tax advisory services can uncover missed deductions, and why the right business structure can make a massive difference. We cover strategies like home office deductions, retirement planning, entity selection, and other legal tax strategies that can save thousands. If you’re a business owner paying $40,000 or more in taxes, this episode shows you how to reduce that bill ethically and effectively with smart planning and the right CPA 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
Monday Jun 05, 2023
Monday Jun 05, 2023
If your small business has hit a ceiling, a CFO might be the key to breaking through. In this episode, we unpack why a chief financial officer—especially a fractional CFO—is so valuable for growing companies. You’ll learn how a CFO helps with cash flow management, budgeting, financial strategy, key performance indicators (KPIs), and getting funding when you need it. We cover how they go beyond bookkeeping and tax prep to analyze your numbers, hold you accountable, and give you the insights you need to scale. Whether you’re aiming to hit your next revenue goal, control costs, or make better business finance decisions, this episode shows you why a CFO could be the missing piece for your 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