SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice
Confused about small business taxes? Not sure if you’re doing it right—or if you’re missing out on legal tax deductions and savings? You’re not alone.
This podcast delivers real CPA advice for small business owners who want practical tax strategies, smarter money decisions, and confidence with business finances. Whether you’re worried about the IRS, unsure how to handle tax planning, or need help understanding your numbers—this show is your guide.
I’m Tiffany Phillips—CPA, tax advisor, and small business finance expert with 20+ years of experience helping entrepreneurs save thousands in taxes every year. I make accounting and finance simple, and I specialize in helping women entrepreneurs and husband-wife business owners stop overpaying and start building real wealth.
Each episode breaks down business tax tips, tax savings strategies, and financial systems that actually work. If you’re ready to understand your tax strategy, feel confident in your financial decisions, and finally take control of your business finances—you’re in the right place.
Next Steps:
☎️ Discover How Much You’re Overpaying the IRS: https://phillipsbusinessgroup.com/
📧 Contact Me --＞ [email protected]
- Update frequency
- every 2 days
- Average duration
- 18 minutes
- Episodes
- 278
- Years Active
- 2022 - 2025
157 \\ How to Cut Capital Gains Tax When Selling Your Home
Sold your house for a big gain? In this episode, we break down exactly how capital gains taxes work on a home sale and three strategies you can use to reduce or even eliminate the tax bill. Learn why…
156 \\ Pay Your Spouse the Smart Way: Tax Benefits and Strategies for 2024
Should you put your spouse on payroll? This episode explains why paying your spouse from your business can be a smart move and how to do it right. We cover the tax benefits, including deductions for …
155 \\ Lease or Buy Equipment? Section 179 Tax Strategies for 2024
As year-end approaches, many business owners scramble to reduce taxes by buying equipment—but is that really the smartest move? In this episode, we unpack the key questions you need to answer before …
154 \\ Trump’s Win and Your Taxes: What Business Owners Should Expect in 2025
Trump’s election win raises big questions about how tax policy could shift for business owners. In this episode, we unpack what you need to know right now. Tiffany breaks down the looming 2025 sunset…
153 \\ Thinking 3 Years Ahead: Vision, Coaching, and Building a Team That Scales
Most business owners are running their companies based on where they are today, not where they want to be three years from now—and it’s keeping them stuck. In this episode, Tiffany opens up about how…
152 \\ Audit-Proof Your Business: 7 Smart Steps to Avoid IRS Headaches
No business owner wants an IRS audit—but hoping it won’t happen isn’t a strategy. In this episode, Tiffany breaks down seven practical steps to make sure your business is ready if the IRS comes calli…
151 \\ 10 Essential Tips to Master State Sales Tax (and Avoid Expensive Mistakes)
Sales tax is one of the most confusing—and dangerous—areas for business owners to get wrong. In this episode, Tiffany cuts through the noise and explains the 10 most important things you need to know…
150 \\ Multi-State Business Tax Traps: CPA Advice to Cut Taxes and Save Thousands
If your small business earns income across multiple states, you may be paying more tax than you should. In this episode, learn how different state tax rules work, why income earned in other states ca…
149 \\ How to Push Through the Messy Middle: Smart Strategies to Scale Without Burning Out
Growing a business past the early hustle and into the million-dollar range is exciting—but it’s also hard. In this episode, we dive into the “messy middle,” that stressful stage between $1M and $3M i…
148 \\ 2024 Election Tax Plans: What Trump vs Harris Could Mean for Your Small Business
The 2024 election is weeks away, and tax policy could shift dramatically depending on who wins. In this episode, Tiffany breaks down the key tax proposals from Donald Trump and Kamala Harris and expl…
147 \\ How a CPA Couple Saved $67,581 in Taxes: Real Case Study and Tax Planning Tips
In this episode, Tiffany reveals the exact strategies she used to save a client couple $67,581 in taxes. You’ll hear how a financial advisor and a CPA—both professionals—still missed major opportunit…
146 \\ 7 Smart Year-End Tax Strategies Every Small Business Owner Must Do Before 2025
The year is almost over, and if you want to cut your 2024 tax bill, now is the time to act. In this episode, Tiffany walks you through seven critical tax planning steps every small business owner sho…
145 \\ Avoid IRS Trouble: CPA Advice on Excess Distributions & Shareholder Loans for S Corp Owners
If you own an S corporation, pulling too much money out of your business can create costly tax problems. In this episode, learn why excess distributions can trigger a shareholder loan, capital gains …
144 \\ Business Cybersecurity Tips: CPA Advice to Protect Financial Data and Prevent Hacks
Financial data breaches can destroy a business. In this episode, learn practical CPA advice on how to safeguard your financial information from hackers and avoid costly mistakes. We cover why two-fac…
143 \\ Stop Sabotaging Growth: How Coaches Help Small Business Owners Succeed
Are you trying to grow your business alone? In this episode, learn why hiring a coach or advisor can change everything. Through personal stories about working with multiple coaches—from golf to busin…
142 \\ 8 Costly Finance Mistakes Small Business Owners Make (And How to Fix Them)
Most small businesses fail not because of lack of effort, but because of poor financial decisions. In this episode, we break down eight of the most common financial mistakes business owners make—and …
141 \\ Pay Your Spouse Tax-Free: The Medical Expense Reimbursement Strategy Every Business Owner Should Know
Most small business owners overpay taxes because they don’t know this IRS-approved strategy. In this episode, learn how medical expense reimbursement plans (HRAs, QSEHRAs, and ICHRAs) can let your bu…
140 \\ Avoid IRS Trouble: Stop Mixing Business and Personal Finances Before It’s Too Late
One of the top reasons small businesses get audited by the IRS has nothing to do with revenue—it’s sloppy bookkeeping. In this episode, learn why mixing personal and business finances is one of the b…
139 \\ From Bottleneck to CEO: The Mindset Shift Every Business Owner Needs
Are you holding your business back without realizing it? In this episode, learn how the need to feel indispensable can keep you stuck in day-to-day tasks and stop your business from growing. Through …
138 \\ SALT Deduction Workaround: How Business Owners Can Use Pass-Through Entity Taxes to Save Big
The Tax Cuts and Jobs Act capped state and local tax (SALT) deductions at $10,000, hurting many business owners in high-tax states. But there’s a workaround most don’t know about. In this episode, le…