SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice

Hosted by Tiffany Phillips, CPA & Small Business Tax Strategist

Business Entrepreneurship

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Episodes

408

Latest episode

Jul 2026

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About the show

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 to episodes

60 recent

July 17, 2026Episode 9018 min

407 \\ Rental Property Repairs vs. Improvements: What You Can Deduct Now

Think every repair on your rental property is tax deductible? Not so fast. In this episode, Tiffany explains one of the biggest tax mistakes rental property owners make: confusing repairs with capital improvements. Learn how the IRS decides what you can deduct today and what must be depreciated over time. You'll also discover why good documentation matters, how safe harbor rules work, and simple tax planning strategies that could improve your tax savings. If you own rental property, these tax tips can help you avoid costly mistakes, improve cash flow, and make smarter tax strategy decisions before your next renovation. Don't wait until tax season to find out you got it wrong. Listen now and learn how to keep more of your money. Next Steps: 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! 👉https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call 👉https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips 👉 Comment "REPAIR" for a deep dive on property deductions Keep More!

July 15, 2026Episode 8914 min

406 \\ Why Every Business Owner Should Reconcile Their Accounts Monthly

Your bookkeeping may look organized, but are the numbers actually correct? In this episode, Tiffany explains why every business owner should reconcile bank and credit card accounts each month. You’ll learn how reconciliation catches missing income, lost deductions, duplicate charges, fraud, and other costly errors. You’ll also discover why accounting software cannot replace human review—and how bad bookkeeping can lead to the wrong tax bill, unreliable financial reports, and poor business decisions. This simple monthly finance routine can improve your accounting and bookkeeping, protect your tax preparation, and give you numbers you can trust. Do not wait until tax season to discover that your books are wrong. Listen now and learn how one monthly habit can protect your money and your business. NEXT STEPS 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! 👉https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call 👉https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips 👉 Comment "RECON" for a deep dive on reconciliation... Keep More!

July 13, 2026Episode 8816 min

405 \\ How to Buy a Luxury SUV for Thousands Less With IRS Tax Strategies

Think a luxury SUV is always a bad financial decision? Think again. In this episode, Tiffany Phillips, CPA, explains how the IRS heavy vehicle rules can dramatically reduce the real cost of certain business vehicles. You'll learn how the 6,000-pound rule works, when Section 179 and bonus depreciation apply, how business use affects your deduction, and why buying the "cheaper" SUV can sometimes cost you more. Tiffany also covers financing, leasing vs. buying, documentation, depreciation recapture, and common mistakes that can reduce your tax savings. If you're a business owner planning to purchase a vehicle, these tax strategies could save you thousands while helping you make smarter business finance decisions. Listen now before you sign your next vehicle purchase. You could keep far more of your money. Next Steps: 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! 👉https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call 👉https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips 👉 Comment "VEHICLE" for more info on vehicle deductions ... Keep More!

July 10, 2026Episode 8715 min

404 \\ Buy, Borrow, Die: The Tax Strategy Your CPA Is Too Scared to Explain

Most business owners work hard to build wealth—but many pay far more in taxes than they need to. In this episode, Tiffany explains the powerful Buy, Borrow, Die strategy and how it can help high earners build wealth while reducing taxes legally. You'll learn how tax planning, short-term rentals, cost segregation, bonus depreciation, and borrowing against assets can work together to create long-term financial growth. You'll also discover how today's tax rules may help protect wealth for future generations. If you want practical CPA advice, smarter tax strategies, and better wealth planning, this episode is packed with ideas you won't want to miss. Listen now and learn how to keep more of what you earn. 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! 👉https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call 👉https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips 👉 Comment "BORROW" a deep dive on cost segregation... Keep More!

July 8, 2026Episode 8618 min

403 \\ 7 Business Tax Deductions Many Owners Miss

Most business owners think tax season ends after they file their return. But that's when many of the biggest opportunities get missed. In this episode, Tiffany Phillips, CPA, shares seven powerful tax strategies that could help business owners keep more of what they earn. You'll learn about the Augusta Rule, heavy vehicle deductions, S-Corp health insurance, home office deductions, Solo 401(k)s, business meals, and education expenses. These aren't loopholes—they're legitimate tax planning opportunities many business owners never hear about. If you want practical CPA advice that goes beyond filing a return and helps you build long-term tax savings, this episode is for you. Listen now and find out whether you're paying more tax than you need to. 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More! 💡Comment "Deduct" if you want some guidance with your deductions

July 6, 2026Episode 8524 min

402 \\ 7 Property Tax Exemptions Seniors and Homeowners Are Missing (Save Thousands)

If you own a home, you may be paying far more in property taxes than you have to. In this episode, Tiffany explains seven legal forms that can lower, freeze, or even eliminate your property tax bill. You'll learn about homestead exemptions, senior freezes, appraisal protests, disabled veteran benefits, and other tax strategies that many homeowners never use. She also shares common mistakes that cost people thousands of dollars every year and explains the deadlines that matter most. This episode delivers practical tax tips, tax planning, and tax reduction strategies that can help you keep more of your money. Don't assume your county will tell you what's available. They won't. Listen now and make sure you're not leaving money on the table. Next Steps: 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!

July 3, 2026Episode 8423 min

401 \\ You're Paying Yourself Wrong and It's Costing You $15,000 a Year in Taxes

If you own an LLC, this episode could save you thousands of dollars. Learn the right way to pay yourself, when owner's draws make sense, and when an S-corp election may reduce your taxes. Tiffany explains these rules in plain English so you can avoid expensive mistakes and make smarter tax planning decisions. You'll also learn how tax strategies, business finance, and tax savings work together to help you keep more of what you earn. Whether you're just starting your business or already making six figures, this episode will help you build a better financial plan. Listen now before another tax year passes with money left on the table. Next Steps: 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!

June 30, 2026Episode 8317 min

400 \\ Cost Segregation: The Boring Sounding Tax Strategy That's more Powerful Than Ever

This episode explains one of the biggest tax strategies available to real estate investors: cost segregation. Learn how one investor increased a $25,000 deduction to more than $221,000 in the first year and why that created nearly $47,000 in tax savings. Tiffany also explains who benefits most, how tax planning changes the outcome, and why passive activity rules matter before moving forward. You'll hear when a study makes sense, how catch-up depreciation works for older properties, and what changed with 100% bonus depreciation. If you own investment property or plan to buy one, this episode could change how you think about business finance forever. Listen now before making your next real estate decision. Next Steps: 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!

June 29, 2026Episode 8216 min

399 \\ S-Corp Election Mistakes That Are Quietly Draining Your Business

Most business owners hear about when to elect S-Corp status—but almost nobody talks about when it becomes an expensive mistake. In this episode, Tiffany Phillips explains when an S-Corp election can actually cost you more in taxes, penalties, payroll, and compliance than it saves. Learn how tax planning, tax strategies, and the right compensation plan can protect your business from costly IRS mistakes. You'll also discover the truth about reasonable compensation, QBI deductions, state tax traps, and common filing errors that trigger audits. If you've already elected S-Corp status—or you're thinking about it—this episode could save you thousands. Listen now before your next tax decision costs more than you realize. Next Steps: 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!

June 26, 2026Episode 8116 min

398 \\ Business Travel Tax Deductions CPAs Still Get Wrong

Think your business travel isn't fully deductible? Think again. In this episode, Tiffany Phillips, CPA, explains the tax strategies behind business travel that many accountants overlook. Learn how to maximize tax savings with meals, mileage, per diem rates, international travel rules, spouse travel, and proper documentation. Tiffany breaks down the IRS rules in plain English and shares real examples of business owners who missed thousands in legal deductions because their CPA didn't ask the right questions. If you travel for conferences, client meetings, property tours, or supplier visits, this episode will help you keep more of what you earn while staying compliant. You'll also discover simple systems that make your deductions audit-ready. Don't leave money on the table—listen now and start making every business trip work harder for your business. 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! ➡️https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call ➡️https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at hello@phillipsbusinessgroup.com ✅ Like and Rate us for more practical tax saving tips... Keep More!