SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
  • 5.0 (146)
  • ENTREPRENEURSHIP
  • UPDATED WEEKLY
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 --＞ hello@phillipsbusinessgroup.com

  1. 3 DAYS AGO

    150 \\ The Hidden Tax Trap of Running a Business in Multiple States (And How to Escape)

    In this episode, we dive into a topic many small business owners overlook: tax implications when earning income in multiple states. I’ll break down five important things you need to know to make sure you’re paying the least amount of taxes possible—whether it’s income tax, payroll tax, or more.  From understanding residency rules to getting tax credits for what you’ve already paid in other states, we’ll cover how to avoid costly mistakes and keep more money in your business. Plus, I’ll share a real-life case study about how one of my clients saved thousands of dollars by adjusting their tax strategy across four states. Don’t let state taxes catch you off guard—tune in to get practical tips that could save you big money! Ready to lower your tax bill? Let’s get started!   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    21 min

  2. 6 DAYS AGO

    149 \\ Navigating the Messy Middle: Overcoming Stress in Growing Your Business

    In this episode, we dive into the challenges business owners face when growing from $1M to $3M in revenue. On the surface, everything might look great—your business is booming, you’ve got a team, and success seems to be within reach. But behind the scenes, it can feel overwhelming, with stress piling up and endless tasks on your plate. I share personal experiences and real-life examples from clients who’ve been through this stage, offering insights on why it’s normal to feel this way—and more importantly, how to push through it. You’ll learn practical strategies to manage the stress, streamline your operations with better processes, and understand the mindset shift needed to keep growing. If you’re feeling stuck or stressed in your business, this episode is for you! Listen in for actionable tips that will help you navigate this tricky phase and move forward with confidence. Be sure to share and leave a review!   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    17 min

  3. OCT 17

    148 \\ Election 2024: How Trump and Harris' Tax Plans Could Impact Your Business"

    In this episode, we dive into how the upcoming 2024 election could change your taxes, especially if you’re a small business owner. We break down the key tax proposals from both Donald Trump and Kamala Harris, looking at how their plans might impact your bottom line.  From corporate tax cuts and increases to tax credits for startups and support for low-income workers, we cover the most important points you need to know before the election. Whether you’re hoping for lower taxes or planning for higher ones, it’s important to stay informed. Tune in to learn what these changes could mean for you and your business—and how to start planning now to avoid any surprises in 2024. Plus, we offer tips on optimizing your taxes no matter who wins! Don’t miss this important episode as we break it all down and help you prepare for what’s ahead!   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    25 min

  4. OCT 14

    147 \\ Maximize Your Tax Savings: Proven Tips from a $67K Case Study"

    In this episode, I walk you through a real-life case study where I helped a couple save an incredible $67,581 in taxes! I break down the exact strategies we used, including some smart investment moves, business structuring tips, and ways to maximize deductions. Whether you're a business owner or just looking for ways to reduce your tax bill, this episode is packed with easy-to-understand ideas that you can apply to your own situation. Plus, I’ll explain why even professionals like CPAs and financial advisors turn to me for help with tax planning. If you're ready to learn how to pay only what you legally owe (and not a penny more), grab a notebook and tune in! Don't forget—time is running out to make changes for this tax year, so make sure to schedule a discovery call to get started. Listen now to see how much you could be saving!   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    19 min

  5. OCT 10

    146 \\ The Countdown to 2024 Taxes: 7 Critical Steps for Maximum Tax Savings

    In this episode, we dive into 7 key steps you need to take before the year ends to get ready for your 2024 taxes. Whether you're running a business or handling personal finances, these tips will help you save money and avoid headaches when tax season rolls around.  We cover everything from making sure your financials are up to date, to reviewing contractor payments, calculating taxes owed, and even exploring smart investment opportunities for tax savings. You’ll learn why it’s crucial to take action now, and what happens if you wait too long. Don’t miss out on strategies that could make a big difference on your 2024 return. If you're serious about keeping more of your hard-earned money, this episode is a must-listen. Tune in and get ahead of the game with these simple, effective steps to lower your tax bill!   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    18 min

  6. OCT 7

    145 \\ S Corp Owners Beware: What You Need to Know About Taking Too Much Money From Your Business

    In this episode, we dive into a common issue for S corporation business owners: taking excess distributions from your business. If you've moved more money than you should from your business to your personal account, it can trigger a shareholder loan on your tax return, raising red flags with the IRS.  I’ll walk you through simple steps to fix the issue, from creating a promissory note to making interest payments, so you can audit-proof your business. Whether you're doing this yourself or working with your CPA, this episode will help you stay on track and avoid costly mistakes. Tune in to learn how to protect your business and keep things IRS-friendly! If you're looking to reduce your taxes or need help with this process, don’t forget to check out the link in the show notes to schedule a consultation.   Episodes Mentioned in Today's Show: 🎧 Episode # 93 - "Tax Deadlines: How Overpaying Taxes is Costing You Big" 🎧 Episode #92 - "Breaking the Code: S Corp Tax Secrets Every Business Owner Must Know!"   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    15 min

  7. OCT 3

    144 \\ Protect Your Business: Essential Steps to Safeguard Financial Data

    In today’s fast-paced, online world, protecting your financial information is more important than ever—especially as a business owner. In this episode, we dive into simple yet powerful steps you can take to keep your money and data safe from hackers. From using two-factor authentication to creating strong passwords, I share my personal tips for securing your accounts.  We’ll also talk about how to protect your email, back up your data, and control who in your company has access to sensitive information. These easy changes can make a big difference in keeping your business secure. Whether you’re just starting out or managing a growing company, this episode is full of practical advice to help you protect what you’ve worked hard to build! Tune in now to learn how to keep your financial information safe.   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    17 min

  8. SEP 30

    143 \\ Are You Sabotaging Your Own Business? The Power of Hiring a Coach You’re Ignoring

    In this episode, I share how hiring coaches has transformed both my business and personal life. Just like my golf game improved with the help of a coach, having the right business and personal advisors has helped me grow faster than I ever could alone.  I talk about the huge benefits of working with multiple coaches, how they’ve helped me reduce stress, improve time management, and become a better leader. Plus, I share some eye-opening stats about how businesses that work with coaches are more likely to succeed and make more money. If you're serious about taking your business to the next level, this episode is for you! Ready to see how coaching could change your life? Tune in, and let’s talk about how to start scaling your business, improving your mindset, and reaching your goals faster.   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 --> hello@phillipsbusinessgroup.com  📲 Follow me on IG @ the.tiffany.p.cpa

    16 min
See All (151)

Trailer

5
out of 5
146 Ratings

About

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 --＞ hello@phillipsbusinessgroup.com

Information

You Might Also Like

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes, and get the latest updates.
Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada