SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice
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
Episodes
Big win for small business owners: the Qualified Business Income (QBI) deduction is now permanent. In this episode, we walk through how to calculate and optimize your 20% deduction on pass-through income. Learn how entity structure, W-2 wages, and capital investments affect your eligibility, and how the new rules impact your 2025 planning. If you’re a sole proprietor, S corp owner, or partner—this episode shows you how to cut your ...
Real estate just became one of the most tax-efficient investments again. In this episode, we break down how the permanent changes to depreciation rules, bonus depreciation, and NOLs have unlocked major cash flow advantages for real estate investors. We cover cost segregation, real estate professional status, and how to pair these with 2025 tax laws to stack your savings. Whether you own rental properties or are planning to expand, ...
Are you unintentionally triggering the Personal Holding Company tax without realizing it? This little-known rule could be quietly costing your business thousands in taxes every year. In this episode, we explain who qualifies as a PHC, what types of income make you vulnerable, and how to restructure your entities to avoid surprise penalties. This is a must-listen if you own a C corp, manage investment income, or run multiple entitie...
If you're sitting on capital gains or planning to sell a business, this episode will blow your mind. We break down how Opportunity Zones—now made permanent—let you defer taxes today and potentially eliminate them forever. We cover how to use real estate or business investments in these zones to build long-term wealth, while also making an impact in distressed communities. This isn’t just about tax deferral—it’s about compounding we...
Selling your business? This tax rule could let you pay zero in capital gains taxes—but only if you plan ahead. In this episode, we explore how the Qualified Small Business Stock (QSBS) exclusion just got supercharged under the new tax law. You’ll learn how restructuring into a C corp and holding stock for 5+ years could eliminate your entire tax bill. We break down built-in gains, double taxation trade-offs, and real-world examples...
Think business losses always help reduce your taxes? Not anymore. In this episode, we break down the now permanent Excess Business Loss Limitation under Section 461(l) and how it restricts high-income entrepreneurs from using all their business losses to offset income. We explain how it applies to multi-entity owners, real estate investors, and startup founders, and how you can work around the limits with smarter planning. You’ll l...
There’s a massive new tax credit for U.S. manufacturers—up to 35% back on qualifying investments. In this episode, we break down how the Advanced Manufacturing Investment Credit can save you millions and give you a long-term edge. From semiconductors to equipment production, we explain what qualifies, how to pivot into eligible industries, and why smart manufacturers are already restructuring to take advantage. We also show how to ...
Good news: the tax code just made business debt far more valuable. In this episode, we explain how the permanent return to EBITDA rules can give you thousands back in interest deductions—and unlock smarter growth strategies. You'll learn how to combine bonus depreciation, Section 179, and the new interest deduction rules to scale your business fast, without overpaying in taxes. We also walk through real examples and show you how to...
Did you know your past innovation work could still earn you huge tax savings? In this episode, we unpack how the updated R&D tax rules can help you unlock up to $200,000 in retroactive deductions—even if your business isn't in tech. Learn what qualifies, how to reclaim missed credits from 2022–2024, and how smart entrepreneurs are using this to fund growth and beat competitors. If you've been developing new products, improving ...
In this episode, we break down a powerful 2025 tax law that could save your business a ton of money. Thanks to changes in Section 179, you can now write off up to $2.5 million in equipment this year. That’s real tax savings—plus a big edge over your competition.
You’ll learn what Section 179 is, what counts, and how to use it with bonus depreciation and other smart tax strategies. We explain it in simple terms, so you can take acti...
There’s a powerful tax deduction most business owners miss—and it just got even better in 2025. In this episode, I walk you through how to use this new rule to unlock big tax savings and protect your business cash flow. You’ll learn how this deduction fits into your 2025 tax planning, why most accountants ignore it, and how to apply it before year-end. Don't miss this if you're serious about tax strategy.
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You can now write off up to $100,000 in equipment—no loopholes, no stress. In this episode, I break down how Section 179 and bonus depreciation work under the new 2025 tax rules. You’ll learn how to use this deduction for vehicles, tools, tech, and more—and how it fits into your small business tax strategy. This is real CPA advice that helps you spend smart and save even smarter.
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What do wealthy entrepreneurs look at every month? In this episode, I reveal the four core numbers that drive business growth and smart tax planning. You’ll learn how to use these numbers to make sharper money decisions, build stronger small business finance habits, and plan with intention—not guesswork. If you're ready to get strategic with your numbers, this one's for you.
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Most business owners are following tax advice that’s 10 years behind—and it’s costing them real money. In this episode, I explain why generic CPA advice doesn’t cut it anymore and what you need to do instead. You’ll learn how to apply modern tax savings strategies, rethink your financial mindset, and stay ahead of 2025 changes. If you’re tired of overpaying, this is your episode.
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After nearly a decade in business, I’ve seen what works—and what doesn’t. In this episode, I share the key tax strategies I’d use again, the finance advice I wish I had earlier, and how my mindset has shifted around money, growth, and business decisions. Whether you’re new or nine years in yourself, this honest reflection will save you time, money, and mistakes.
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In this episode, Ashley Patrick shares how she overcame bankruptcy and paid off $45,000 in debt. We talk about the mindset shifts that made it possible, the finance advice she wishes she had earlier, and the money decisions that got her back on track. If you’re overwhelmed by debt or looking to take control of your small business finances, Ashley’s story will inspire you—and give you the steps to do it yourself.
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Think millionaires all drive Teslas and live in mansions? Think again. In this episode, I break down how real wealth often looks boring—and how business owners who focus on tax planning, smart savings strategies, and financial mindset actually build sustainable success. This one will challenge your assumptions and help you shift how you view money, growth, and what being "rich" really means.
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Old money habits and triggers can quietly hold your business back. In this episode, I share how personal money stories show up in small business finances, pricing, and spending—and how to rewire your mindset to support business growth. We also talk through smart money decisions and tax planning that help you take control, not just react. If you're stuck at a plateau, this could be what’s keeping you there.
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Falling behind on taxes doesn’t mean you’re doomed. In this episode, I explain what to do if you can’t afford to pay the IRS right now. We cover payment plan options, common mistakes, and how to get back on track without wrecking your business. You’ll also learn how better tax planning and small business finance systems could’ve prevented the issue—and how to avoid it in the future.
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Money lessons start young—and in our house, they start with the truth. In this episode, I share how I talk to my kids about taxes, spending, business, and what it really means to earn and grow money. You’ll get ideas for age-appropriate money decisions, how to introduce basic finance advice, and why small conversations now can create financially confident kids later.
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