Entrepreneurship · Tiffany Phillips, CPA & Small Business Tax Strategist

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

by Tiffany Phillips, CPA & Small Business Tax Strategist

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

Latest episodes

Showing 20 · updated from the feed

455 \\ Pay Yourself Rent: 3 Self-Rental Moves for S Corp Owners

Could your business rent help you buy a building of your own? Tiffany Phillips, CPA and tax strategist, explains how a self-rental works when your S corporation leases sp

Nov 6
16 min

454 \\ 2 Year-End Moves That Save S Corp Owners $8,400 on Equipment

Buying equipment before year-end could lower your tax bill. But paying for it isn’t enough—and a write-off doesn’t make it free. Tiffany Phillips, CPA and tax strategist

Nov 4
15 min

453 \\ 2 Year-End Moves That Save S Corp Owners $4,500 in Taxes

Still paying business costs with your personal card? Have your kids helped in the office without getting paid? Tiffany Phillips, CPA and tax strategist, explains two are

Nov 2
15 min

452 \\ Why Self-Employment Tax Feels So Expensive and How You Can Pay Less

Making more money doesn’t always mean keeping more. Your first tax bill as a business owner can be a shock. In this episode of Small Business Finance, Tiffany Phillips,

Oct 30
15 min

451 \\ S Corp Owners: Fix a $30K Salary Gap Before Year End

A year-end bonus can lower your S corp’s profit and still raise your total tax bill. So when does paying yourself more make sense? Tiffany Phillips, CPA and tax strategi

Oct 28
17 min

450 \\ How S Corp Owners Shift $67K to Save $20,100 Before Year End

A lower tax bill can still leave your business short on cash. In this episode of Small Business Finance, Tiffany Phillips, CPA and tax strategist, walks through a hypothe

Oct 26
16 min

449 \\ Why Good Income Still Overpays Taxes, and How Documented Family Hiring Fixes It

Are your kids helping in your business while you pay their spending money from your own pocket? You could be missing a chance for tax savings. Tiffany Phillips, CPA and

Oct 23
16 min

448 \\ 5 December Cash Mistakes Cost S Corp Owners $20,100 in Taxes

A full business bank account feels good. But your December cash decisions can affect your tax bill. In this episode of Small Business Finance, Tiffany Phillips, CPA and

Oct 21
14 min

447 \\ Rental Owners: Defer $37,700 Tax With a 1031 Exchange on a $400K Sale

Selling a rental could leave you with a bigger tax bill than you expect. A 1031 exchange may help you postpone that bill and keep more money invested, but the planning st

Oct 19
16 min

446 \\ Bank Said No Despite Good Profit? How Rental Planning Wins the Next Yes

Can a rental property help you keep more money and qualify for a business loan? It depends on the full picture. In this episode of Small Business Finance, Tiffany Phillip

Oct 16
15 min

445 \\ Depreciation Recapture on Rentals: What You Actually Keep

Selling a rental for $100,000 more than you paid could create nearly $191,000 of taxable gain. How? Depreciation changes the math. In this episode of Small Business Fina

Oct 14
18 min

444 \\ $8,750 HSA Deduction Business Owners Miss: S Corp Rules Explained

Could your health plan help you keep more of what you earn? Tiffany Phillips, CPA and tax strategist, explains how an HSA can offer a deduction, tax-free growth, and fede

Oct 12
18 min

443 \\ 3 Tax Mistakes Costing Business Owners Thousands in IRS Penalties

Tax worries can follow you home after a long workday. In this episode of Small Business Finance, Tiffany Phillips, CPA and tax strategist, explains three mistakes that ca

Oct 9
16 min

442 \\ Cash Balance Plan: How Business Owners Save $48K After Maxing the 401k

Already maxing out your 401(k) but still facing a large tax bill? Tiffany Phillips, CPA and tax strategist, explains how a cash balance plan may help profitable business

Oct 7
17 min

441 \\ 2 Q4 Tax Safe Harbors That Can Save Business Owners $44K

You can pay your full tax balance in April and still owe an IRS underpayment penalty. The problem may be when you paid, not whether you had the money. Tiffany Phillips,

Oct 5
17 min

440 \\ 5 IRS Red Flags Small Business Owners Must Fix Before Year-End

A tax problem does not always start with bad intentions. Sometimes it starts with messy records. In this episode of Small Business Finance, Tiffany Phillips explains fiv

Oct 2
18 min

439 \\ How S-Corp Owners Can Save $212,000 in Taxes Before Age 72

You spent years building your business and saving for retirement. But a large pretax retirement account can create a tax problem later if you don’t plan how that money co

Sep 30
21 min

438 \\ Solo 401k vs SEP-IRA: How S Corp Owners Save $43,000 Before Dec 31

A Solo 401K and SEP-IRA can look similar, but the tax savings can be very different. In this episode, Tiffany explains why an S-corp owner's December payroll decisions c

Sep 28
19 min

437 \\ How 1 Living Trust Flaw Can Cost Owners Their $2M Business

SHOW NOTES A living trust can own your business and still leave your family unable to run it. In this episode, Tiffany explains why your trust, operating agreement, buy

Sep 25
14 min

436 \\ Your Will Won't Avoid Probate - And It Could Cost Your Family $60K

Having a will doesn't mean your family will avoid probate. In this episode, Tiffany Phillips explains how probate works, why a revocable living trust can help, and the f

Sep 23
14 min