Blog
From Cash Flow Struggles to Surplus: The Tax Secrets You Need Now
If you're a business owner, you've likely experienced moments when cashflow feels tight. Whether it's due to an off-season, unexpected expenses, or slower payments from clients, the need for immediate cash can lead to stress and scrambling for solution. But what if...
How Trump’s Tax Policies Could Impact Your Business: Key Takeaways for Small Business Owners
The election is behind us, and as Donald Trump prepares to step back into office, one major question looms for small business owners: How will this affect our taxes? Regardless of where you stand politically, understanding the potential shifts in tax policies is...
How the Election Could Impact Your Taxes as a Business Owner
Every election cycle brings questions and concerns about potential tax policy changes, and this year is no different. For small business owners, understanding what lies ahead in terms of tax policy is crucial for planning and long-term financial health. Let’s dive...
7 Strategies to Reduce Taxes When Facing a Long-Term Capital Gain
7 Strategies to Reduce Taxes When Facing a Long-Term Capital Gain - When it comes to selling a business, real estate, or any other large asset, many people don't realize the significant tax implications until it's too late. A unique life event like this—where...
Smart Debt Management for Small Business Owners
Smart Debt Management for Small Business Owners - Managing debt effectively is a crucial aspect of running a successful small business. Many business owners struggle with decisions about which debts to pay off first, whether to take on new loans or how best to...
Boost Your Business: The Importance of Regular Financial Check-Ins
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...
Is Your Business Legitimate? Understanding and Managing Business Activities
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...
Are You Throwing Away Money on Taxes? Here’s How to Stop
Saving money on taxes doesn't have to be as complicated as many people think. While the implementation and audit-proofing processes require effort, identifying tax savings opportunities is straightforward. Here are key strategies to help you reduce your tax burden...
Seed New Growth: How to Leverage the Post-Tax Season Momentum
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 of...
Warm Up to New Opportunities: Transitioning Your Finances from Spring to Summer
Hello, sun-seekers and financial forecasters! I’m Tiffany Phillips, your beacon of light at Phillips Business Group, where we make navigating the murky waters of finance as delightful as a sunny day at the beach. Now that we’re transitioning from spring showers to...
After the Storm: Post-Tax Season Tips for a Prosperous Summer
Ah, tax season: that magical time of year when coffee consumption spikes and our desks become buried under mountains of paperwork. But now that the storm has passed and the last tax return has been filed, it’s time to sail into the calm waters of summer. I'm...
Breeze Through Summer: Why Now is the Perfect Time to Review Your Financial Strategies
Breeze Through Summer: Why Now is the Perfect Time to Review Your Financial Strategies - Hello, fellow business navigators! I’m Tiffany Phillips, your captain at the helm of Phillips Business Group, ready to guide you through the calm waters and occasional storms...
Spring into Summer: Preparing Your Business Finances for Mid-Year Success
Ah, spring! That magical time of year when flowers bloom, birds sing, and businesses everywhere start to panic about the looming mid-year financial review. Yes, as we spring into summer, it's the perfect moment to get our business finances primped and primed for...
From Tax Season Recovery to Summer Growth: How Outsourcing Can Help
Well, tax season has wrapped up, and if you’re anything like me, you’ve probably spent the last few months feeling a bit like you’ve been running a marathon in high heels—exhausting, painful, and a tad ungraceful. But now that the dust has settled and the last of...
Summer Forecast: Sunny Days Ahead with Streamlined Accounting
Ah, summer! A time for sun, sand, and... streamlined accounting? Absolutely! I'm Tiffany Phillips, the proud owner of Phillips Business Group, and I'm here to convince you that summer isn't just for sipping margaritas by the pool (though that’s important too). It’s...
