by Tiffany Phillips CPA | Jan 21, 2025 | Uncategorized
Tax season often brings a mix of anxiety and responsibility for individuals and businesses alike. One of the most misunderstood topics in the world of taxes is the distinction between tax avoidance and tax evasion. While the former is a legal strategy to minimize tax...
by Tiffany Phillips CPA | Aug 27, 2024 | Accounting, Capital Gains, Deductions, Finance, Income Tax, Uncategorized
Depreciation is a powerful tool that can significantly impact your business’s financial health. As a business owner, understanding how to leverage different types of depreciation can help you maximize tax benefits, manage cash flow, and make informed decisions...
by Tiffany Phillips CPA | Jul 3, 2024 | Accounting, Finance, Income Tax
Boost Your Business: The Importance of Regular Financial Check-Ins – I want to discuss a topic that’s often overlooked but is absolutely crucial for the success and longevity of your business: regularly checking your finances. It’s easy to get caught up in the...
by Tiffany Phillips CPA | Jun 26, 2024 | Accounting, Finance
Is Your Business Legitimate?- Today, I want to discuss a crucial topic that affects every small business owner: the legitimacy of your business. This isn’t just about paperwork or labels—it’s about understanding what makes your business legitimate in the eyes of the...
by Tiffany Phillips CPA | Jun 19, 2024 | Accounting, Finance
Seed New Growth: How to Leverage the Post-Tax Season Momentum – Hello, financial enthusiasts and seasonal strategists! I’m Tiffany Phillips, your go-to guru at Phillips Business Group, where we tackle your financial woes with a blend of savvy advice and a pinch...
