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: 💰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
Thursday Dec 26, 2024
Thursday Dec 26, 2024
Have you been told that payroll is your biggest expense as a business owner? Think again! In this episode, we uncover the real budget-buster: taxes. From income tax to property tax (and even taxes when you die), they add up fast. But here's the good news—reducing your tax bill is possible with the right strategies and professionals on your side.
We’ll explore three key questions to ask your CPA to know if they’re truly helping you save or playing for the IRS. Plus, learn how to spot missed opportunities to keep more money in your pocket. If you’re ready to take control of your finances and make 2025 your best year yet, this episode is a must-listen.
Don’t leave money on the table—tune in now and get the tools you need to start saving!
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 Dec 23, 2024
Monday Dec 23, 2024
As 2024 wraps up, it’s time to set your sights on a bigger, better, and more successful 2025! In this episode, I’ll share the three powerful strategies I’m using to prepare my business for growth in the new year. You’ll learn why playing it safe holds you back, how to set goals that challenge and inspire you, and the secret to delegating effectively. Whether it’s building the right team, breaking down big goals into actionable steps, or giving yourself the space to think and grow, these tips will help you take your business to the next level. If you’re ready to lead with intention and make 2025 your best year yet, this episode is for you. Let’s dive in and get you on the path to thriving in the new year!
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 Dec 19, 2024
Thursday Dec 19, 2024
As the year wraps up, it’s the perfect time to reflect, plan, and prepare for a successful 2025! In this episode, I share four essential strategies that every small business owner needs to focus on to make the new year their best yet. From investing in yourself and creating strong systems to preparing your team and aligning with external partners, these actionable tips will help you level up both professionally and personally.
You’ll learn how to set clear goals, streamline your operations, and build a team that’s ready to grow with you. Whether you’re aiming for more balance, higher revenue, or smoother workflows, this episode is packed with practical advice to help you hit the ground running in 2025. Don’t miss out on these key insights!
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 Dec 16, 2024
Monday Dec 16, 2024
If you’re a business owner living in a state with high income taxes, this episode is for you! Discover a powerful tax strategy that could save you thousands of dollars. I break down how a special workaround called the Pass-Through Entity Tax (PTET) can help you get a bigger tax deduction while still benefiting from the standard deduction. This strategy is perfect for owners of S corporations or partnerships, especially in states like California, New York, and New Jersey.
We’ll dive into how the SALT cap affects your taxes, why this tax break is so valuable, and the steps to make sure you qualify. Plus, find out why 2025 could change everything. Don’t leave money on the table—tune in to learn how to maximize your tax savings!
Ready for expert advice? Click the link in the show notes to book a free tax assessment with my team.
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 Dec 12, 2024
Thursday Dec 12, 2024
Did you know there’s a legal way to contribute to a Roth IRA even if your income is too high? In this episode, we’re uncovering the Backdoor Roth IRA strategy—a simple, two-step process that allows high earners to grow their retirement savings tax-free. We’ll break down who qualifies for a regular Roth IRA, how this strategy works, and the key things you need to know before using it.
We’ll also talk about why taxes might go up in the future and how this strategy could save you big in retirement. Whether you’re a business owner or just someone looking to make smarter financial decisions, this episode will give you the tools to start planning for a more secure financial future.
Tune in now to learn how to make the most of your retirement savings and protect your hard-earned money!
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 Dec 09, 2024
Monday Dec 09, 2024
In this episode, we dive into the big buzz surrounding the Beneficial Ownership Information (BOI) Report. A recent court ruling has shaken things up, putting a temporary pause on the Corporate Transparency Act, and business owners are left wondering—should you still file or hold off? We’ll break down what this report is, what the court’s decision means, and how it might impact your business. With potential penalties of $500 a day, this is a critical issue you can’t afford to ignore.
Whether you’re a rule-follower or prefer to wait it out, this episode will help you understand your options and next steps. Stay informed, protect your business, and get the latest updates you need to make the best decision. Tune in now to stay ahead of the game!
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 Dec 05, 2024
Thursday Dec 05, 2024
In this episode, we dive into a big topic that could impact businesses across the U.S.—tariffs on BRICS nations. With Donald Trump preparing for 2025 and proposing a 100% tariff on Brazil, Russia, India, China, and South Africa, what does that mean for our economy, businesses, and taxes?
We break it all down, from the history of BRICS to how these tariffs could affect prices, supply chains, and small businesses. You’ll also learn about potential opportunities for growth, tax strategies, and why this shift could reshape global trade.
Whether you’re a small business owner, entrepreneur, or just curious about the economy, this episode will give you the insights you need to stay prepared. Plus, find out what actions you can take to protect your business and even thrive during these changes.
Tune in now to stay ahead of the game!
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 Dec 02, 2024
Monday Dec 02, 2024
Are you missing out on business deductions that could save you money? In this episode, we dive into how almost any expense can be a business deduction—if you follow three simple rules. Learn how to document your expenses, understand IRS guidelines, and turn everyday costs like meals, travel, and even family expenses into smart tax savings.
We’ll break down the basics of audit-proofing your deductions and share easy tweaks that can lead to big benefits. Whether you’re a small business owner or seasoned entrepreneur, these tips will help you keep more of your hard-earned money while staying completely within the law.
Tune in to discover practical strategies for maximizing your deductions and making smarter financial decisions. Don’t leave money on the table—get the tips you need to reduce your tax bill today!
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 Nov 28, 2024
Thursday Nov 28, 2024
Get ready to make your 2024 tax season the easiest one yet! In this episode, we share simple, stress-busting tips to prepare for your business taxes before the year ends. From staying on top of your financials to handling W-9s and 1099s, we cover everything you need to know to avoid last-minute headaches. You’ll learn how to organize your records, work smarter with your CPA, and even save money with smart tax strategies.
Whether you’re behind on bookkeeping or thinking about switching tax preparers, this episode is packed with actionable advice to get you ready for 2025. Don’t wait until the last minute—start now and step into the new year confident and prepared.
Ready to take control of your taxes? Hit play and let’s get started! 🎧
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 Nov 25, 2024
Monday Nov 25, 2024
Are you looking for a way to boost your cash flow right now? In this episode, we reveal an often-overlooked strategy that can help business owners like you put money back in your pocket immediately. Spoiler alert: it’s all about reducing your tax bill!
We’ll dive into how taxes are likely your biggest expense and how small adjustments can make a huge difference. You’ll learn why most business owners are overpaying and how quarterly tax planning can create instant cash flow without cutting corners.
If you’ve been stepping over dollars to save pennies, it’s time to rethink your approach. This episode is packed with actionable tips and real-life examples to show you how tax strategies can transform your finances. Don’t miss this chance to take control of your cash flow and start 2025 on the right foot!
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