200 \ Stop Cutting Yourself a Paycheck! The Smart Way to Get Paid
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
3d ago
Are you paying yourself the wrong way? Most business owners take a salary, thinking it’s the smart move—but it’s actually a tax trap! In this episode, we reveal how the wealthy pay themselves strategically to keep more money and give less to the IRS. You’ll learn: ✅ Why salaries cost you more in taxes than you think ✅ How S-Corp owners use distributions to save thousands ✅ Simple tax-free perks that pay for your lifestyle legally ✅ The #1 mistake business owners make with their income If you’re tired of losing money to taxes, this episode is for you! Tune in now to discover smarter ways to get ..read more
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199 \ Serial Entrepreneurs: The Real Cost of Success No One Talks About with Taylor Kovar
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
5d ago
Are you building a business you love—or one that’s running you into the ground? In this episode, I sit down with serial entrepreneur and financial expert Taylor Kovar to talk about the real cost of success and how to create a business that actually supports your life (not the other way around). You’ll learn: ✅ The 5 money personalities and how they shape your financial decisions ✅ Why some entrepreneurs burn out—and how to avoid it ✅ The secret to growing your business without sacrificing your family or happiness If you're tired of the "hustle at all costs" mindset and want to build a business ..read more
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198 \ How to Make the IRS Pay for Your Next Luxury Vacation (Legally!)
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
6d ago
What if the IRS could help pay for your next vacation? Sounds crazy, right? But wealthy business owners have been using this legal tax strategy for years—and now, you can too! In this episode, tax strategist Tiffany Phillips reveals how to turn your travel expenses into business deductions, cutting your vacation costs by 40%, 50%, or even more. You’ll learn: ✅ How to legally deduct flights, hotels, and meals ✅ The simple formula to make your trip tax-deductible ✅ Common mistakes that get business owners in trouble ✅ How to structure your travel like the wealthy do Don’t keep overpaying for vac ..read more
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197\ Hate QuickBooks? The Accounting Software That Might Save You with Lawrence Levinson
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
1w ago
Tired of QuickBooks? Feeling overwhelmed by bookkeeping? You’re not alone! In this episode, I sit down with Lawrence Levinson, VP at Wave Accounting Software, to talk about simple, stress-free accounting for small business owners. We’ll break down: Why so many business owners struggle with QuickBooks (and if there’s a better option). How to make bookkeeping and tax prep easier – even if you hate numbers. Simple habits that will save you time, money, and stress during tax season. If you’re a service-based business, freelancer, or new entrepreneur, this episode is packed with game-changing tip ..read more
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196 \ The #1 Business Mistake Costing You Time, Money, and Sanity with Abbey Ashley
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
1w ago
Are you drowning in to-do lists, working long hours, and still feeling like you’re falling behind? The truth is, trying to do everything yourself is holding your business back! In this episode, we dive into the power of outsourcing and why smart entrepreneurs delegate to grow faster. Guest expert Addie shares how she built a thriving business by outsourcing early—and how you can do the same. You’ll learn: ✅ The first tasks you should outsource ✅ How to find and hire the right virtual assistant ✅ Why letting go will actually make you more money If you’re ready to free up your time, scale your b ..read more
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195 \ The IRS WANTS You to Pay Less Taxes—Here’s the Secret They Don’t Advertise
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
1w ago
What if you’ve been giving away thousands of dollars to the IRS—without even realizing it? In this episode, we uncover the shocking truth: The tax code isn’t designed to take your money; it’s designed to help you keep more of it! You’ll learn why business owners have massive tax advantages, how small tweaks can save you thousands, and why tax strategy is the secret weapon of the wealthy. Plus, I’ll share real-life success stories of people who legally slashed their tax bills. If you’re tired of overpaying and ready to start using the tax code to your advantage, this episode is a must-listen. D ..read more
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194 \ The Truth About DIY Accounting: Why You’re Probably Overpaying
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
2w ago
Are you really saving money by doing your own taxes and accounting? Or could you be making costly mistakes without even knowing it? In this episode, we dive into the pros and cons of DIY taxes, the common traps business owners fall into, and how small errors can lead to big tax bills. I’ll share real-life examples of DIY tax mistakes (including one that cost a business owner thousands!) and explain when it’s time to bring in a professional. Plus, if you’re looking to hire a CPA, I’ll walk you through the right questions to ask to find the best fit for your business. If you’ve ever wondered whe ..read more
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193 \ The Insurance Crisis No One is Talking About with Guest Van Carlson
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
2w ago
Are you paying more for business insurance but getting less coverage? You’re not alone! In this episode, we dive into the insurance crisis that’s leaving business owners exposed to huge risks. Tiffany talks with Van Carlson, CEO of SRA 831B Admin, about a smarter way to protect your business. Van shares how traditional insurance is changing and why many claims are getting denied. He also explains how business owners can take control of their own risk and use tax-advantaged strategies to build a safety net. If you're tired of overpaying for insurance and feeling unprotected, this episode is a m ..read more
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192 \ Million-Dollar Exit Secrets: What No One Tells Small Business Owners with Eric Malka
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
3w ago
Want to grow your business and maybe even sell it for millions? In this episode, I sit down with Eric Malka, the entrepreneur who built The Art of Shaving from scratch and sold it to Procter & Gamble. Eric shares the hard truths about scaling, why most businesses fail, and how to build a strong foundation for long-term success. We dive into the biggest mistakes small business owners make, the key principles that stand the test of time, and why slowing down at the start can actually help you grow faster. Plus, Eric reveals how great leadership and strong processes make all the difference wh ..read more
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191 \ The Tax Strategy I’ve NEVER Shared Before—And Why It’s a Game Changer!
SMALL BUSINESS FINANCE- Business Tax
by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
3w ago
Are you about to sell your business or real estate and worried about a massive tax bill? In this episode, I reveal a powerful tax strategy I’ve never shared before—one that can help you legally defer capital gains taxes and keep more of your hard-earned money. A Deferred Sales Trust is a smart alternative to a 1031 exchange, allowing you to reinvest the full sales price instead of handing a big chunk to the IRS. Whether you're a business owner, real estate investor, or stockholder, this strategy can help you grow wealth while managing taxes wisely. I break down how it works, the key benefits ..read more
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