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Tiffany Phillips CPA Podcasts

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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 f ...
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Want to slash your tax bill fast? In this episode, Tiffany reveals the short-term rental strategy that high-income earners are using to save thousands. Forget the 750-hour Real Estate Professional rule—this method only needs 100 hours a year. With the 7-day rule, your rental is treated like an active business, unlocking powerful tax savings and ded…
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Most people think taxes are just money out the door. But what if you could legally cut your bill to zero? In this episode, we reveal the Real Estate Professional status—one of the most powerful tax strategies in the IRS code. You’ll learn how wealthy investors use real estate to create massive tax savings, why your spouse could be your biggest fina…
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Most business owners fear the tax code. But what if almost all of it was written to help you keep more of your money? In this episode, Tiffany Phillips shares the shocking truth: 99.5% of tax laws are incentives, not penalties. Learn how smart tax strategies can put thousands back in your pocket and why your CPA may not be telling you the full stor…
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What does a $14.6 billion healthcare fraud case have to do with your business? Everything. While criminals steal billions from taxpayer-funded programs, business owners like you are still overpaying the IRS every year. In this episode, we break down how government waste affects your bottom line—and why smart tax planning isn’t just good business, i…
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In this episode, we break down how Hulk Hogan built and protected a $25 million fortune—and the smart strategies you can use too. You’ll learn simple tax tips and wealth planning moves that keep more money in your pocket. From diversifying income streams to choosing the right state for tax savings, we cover real-life examples any business owner can…
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Most business owners are missing out on one of the most powerful tax strategies available. In this episode, you’ll learn how a Health Savings Account (HSA) can give you triple tax savings, grow your money for decades, and help you keep more of what you earn. We’ll break down the new rules, bigger contribution limits, and smart strategies to turn yo…
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The IRS just made a big move that could cause headaches for business owners—and most people have no idea it’s coming. In this episode, you’ll learn what their new decision means for tracking tips and overtime pay, why the current tax forms won’t help, and how to protect your business from costly mistakes. We’ll cover simple tax tips and smart strat…
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Thinking about switching to an S-Corp—or staying with your LLC? This episode breaks down exactly what’s changed in 2025 and how to pick the right entity for your business. I walk you through the pros, cons, and the hidden costs nobody talks about. Whether you’re just starting out or making six figures, you’ll leave knowing what to do and when to ma…
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If you run an online business, you’re probably walking right into a tax trap—and you don’t even know it. In this episode, I walk through the five most common tax mistakes I see with digital entrepreneurs, content creators, and coaches. From write-offs to state nexus rules to what platforms like Stripe aren’t telling you, this episode is full of mus…
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Ever feel like you're making money but still falling behind? You’re not alone. In this episode, I reveal the #1 regret I hear from business owners and exactly what to do instead. We talk about cash flow mistakes, what most entrepreneurs get wrong with their finances, and how to build a plan that protects your income and grows your wealth. Simple sh…
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Roth conversions can be one of the smartest tax moves you ever make—or one of the most expensive mistakes. In this episode, I show you how to time your conversions to maximize tax-free growth, avoid common traps, and decide if converting now makes sense. You’ll hear real-life stories of people who got it wrong (and lost big), plus how to structure …
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Think you can skip the salary and just take distributions from your S-Corp? Think again. In this episode, I break down the IRS rules around “reasonable compensation,” how to calculate the right amount, and the penalties for getting it wrong. We also talk about how to fix it if you’ve been doing it wrong for years—and yes, there’s a workaround. If y…
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If you’ve got an LLC and you’re wondering how to actually pay yourself, this episode is your playbook. I break down how to take money out of your business legally, what the IRS really looks for, and the exact steps to avoid paying way too much in taxes. You’ll learn what an owner’s draw is, how self-employment taxes work, and when you must start th…
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In this episode, Tiffany unpacks the deep connection between your money mindset and your bottom line. You’ll hear powerful stories from real clients who’ve saved over $60K in taxes—not just through smart tax strategies, but by transforming their relationship with money. If you’re a female entrepreneur tired of overworking and under-earning, this co…
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What if buying U.S. residency became the most powerful tax strategy on the table? In this episode, we break down Trump’s proposed “Gold Card” program, a bold $5 million fast-track to a green card—and what it means for small business owners, investors, and tax-savvy entrepreneurs. Discover how this could create massive shifts in the economy, investm…
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Most business owners are overpaying the IRS—because they don’t know the rules. In this episode, you’ll learn how the wealthiest Americans use legal tax strategies to save tens of thousands every year. Discover the Trifecta System, the power of the S corporation, and real estate tax strategies that can turn rent into equity and vacations into deduct…
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In this episode, Tiffany tackles the real reason so many business owners feel lost—because they don’t know which numbers actually matter. If you're tired of flying blind in your business, this one’s for you. Learn the 5 essential KPIs that go beyond vanity metrics to reveal your true business performance. From your current ratio to customer lifetim…
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In this final episode of the New Tax Laws Decoded series, we unpack how the end of popular clean energy tax credits is creating surprising new tax-saving opportunities for business owners. Host [Name] explains which incentives are disappearing—including electric vehicle, solar, and home improvement credits—and reveals what’s replacing them. Learn h…
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In this episode of New Tax Laws Decoded, we break down the biggest international tax changes in decades—and why they matter. If your business earns foreign income, exports products or services, or competes globally, understanding these updates could save you hundreds of thousands. We dive into updated GILTI and FDII provisions, how they impact tax …
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In this episode of the New Tax Laws Decoded Series, we break down how the new $2,000 1099 reporting threshold is a game-changer for small business owners. You’ll learn how this shift reduces administrative burdens, saves time and money, and creates space for real business growth. We explore what this means for your tax strategy, how to update your …
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Want to retire tax-free? The new tax law just made it easier. This episode covers how Roth conversions, solo 401(k)s, and strategic retirement planning can help you build tax-free wealth in your business. We explain how to time income, deductions, and business expenses to reduce your tax bracket and maximize long-term compounding in Roth accounts. …
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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’r…
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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…
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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…
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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…
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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 bi…
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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 sta…
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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 …
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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…
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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 fun…
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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 depreciatio…
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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-…
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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 sp…
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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 n…
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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 o…
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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,…
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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…
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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,…
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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 …
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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…
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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 co…
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Some of my wealthiest clients—people with eight and nine-figure net worths—pay less in taxes than business owners making $50K a year. In this episode, I pull back the curtain on how they do it. You’ll learn the tax planning moves and savings strategies that give them a massive edge, and how to legally use the same tools in your small business. No f…
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The R&D tax credit isn’t just for tech giants. In this episode, Kevin Zolriasatain and I break down how small business owners can qualify and use this tax deduction to improve cash flow. You’ll learn who qualifies, how to claim the credit, and why most accountants don’t even mention it. This is tax savings on the table—real CPA advice that’s easy t…
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What if one 60-minute meeting a month could change your entire financial situation? In this episode, I explain the money habit that my most successful clients never skip. We’ll talk about how it improves business finance, supports better money decisions, and keeps your tax strategy on track all year. Simple, repeatable, and powerful—this is one shi…
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AI isn’t just for tech bros and startups—it’s helping small business owners save thousands in taxes. In this episode, I break down the real tools my clients use to automate bookkeeping, improve cash flow, and upgrade their tax planning. You’ll hear how using the right tech can strengthen your savings strategies and free up hours of your time. The f…
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In this episode, I talk with attorney Leslie H. Tayne about retirement planning, business tax strategies, and the Profit First method. We cover what most small business owners overlook, how to make better money decisions, and practical ways to strengthen your business finance today. If you want smarter tax planning and more profit in your pocket, t…
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In this episode, I walk through the exact financial checklist that helped one of my clients save $48,000 in business tax. You’ll get the real steps we took—from tax planning and tax reduction to smarter money decisions. This isn’t fluff—it’s the CPA tax advice that works. Whether you're focused on small business finance or trying to stop overpaying…
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Is your S Corp giving you real tax savings—or just extra paperwork? In this episode, I break down how to know if your setup is working, plus the tax strategies and CPA advice that make S Corps worthwhile. We’ll cover small business tax traps to avoid and how to align your entity with your broader business strategy. This is a must-listen before your…
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Nick Prefontaine shares how he overcame trauma, rebuilt his life, and became a successful entrepreneur. This episode is packed with mindset for entrepreneurs, owner mindset, and real talk about money decisions that fuel long-term business success. If you’ve faced setbacks, this interview will inspire you to take control of your business finance and…
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Could tariffs replace income taxes in the U.S.? In this episode, I break down the logic, the flaws, and the real impact on small business tax. We’ll also explore how this concept ties into current tax planning strategy, and why understanding tax policy helps you make stronger financial decisions for your business. It’s not just theory—it’s how to t…
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