Why Financial Literacy is the Key to Building Wealth in Your Business
Here’s a question that might make you pause: If I asked you right now to share your profit margin, your current ratio, and how long it takes you to turn a sale into cash in your bank account—could you answer confidently? For many small business owners, the answer is no. And that hesitation often separates […]
How Shifting Your Money Mindset Can Unlock Financial Freedom as a Woman Entrepreneur
For many women entrepreneurs, achieving financial freedom isn’t just about having a successful business—it’s about overcoming limiting beliefs that keep them stuck in a cycle of stress and scarcity. During a recent conversation with one of my clients, Rachel, she confessed that her financial struggles weren’t due to poor business strategies or lack of marketing. […]
How To Prepare For Tax Season
Let’s tackle a topic that might not be at the forefront of your mind yet but is crucial for your business’s financial health: preparing for tax season and understanding the importance of tax accounting. I know, we’re only midway through 2024, and it might seem early to think about taxes. However, starting early can make […]
5 Tax Strategies the Ultra-Wealthy Use to Build Massive Wealth (And How You Can Too)
Ever wondered how the ultra-wealthy pay little to no taxes while building massive fortunes? It’s not about loopholes or luck—it’s about smart, legal strategies that leverage the tax code. The best part? These aren’t exclusive to billionaires. If you’re a business owner or high earner, you can start using these tactics to slash your tax […]
17 Legal Tax Strategies the Wealthy Use to Keep More Money
Ever wonder why the wealthy seem to pay less in taxes while their bank accounts keep growing? It’s not because they’re luckier or sneakier—it’s because they know the IRS tax code inside out. Think of the tax code as a treasure map, and the rich have the GPS. I’m Tiffany, your guide to small business […]
Selling Your Business? Why Private Equity is the Worst Option!
Why Private Equity is the Worst Option! As a business owner, you’ve spent years, if not decades, building something remarkable. Your company is more than just a source of income—it’s your legacy. But as you look to the future, one crucial question arises: what happens next? With the 2026 tax reforms on the horizon, the […]
Private Equity Takeover Shocker: What Bench Accounting’s Fall Means for You
2024 ended with a jarring surprise for many small business owners: the abrupt closure of Bench Accounting on December 20th. As one of the most recognized online bookkeeping services, Bench’s shutdown left countless customers scrambling to access their financial records—just days before the year-end tax season preparations. To add another twist, only ten days later, […]
Part 2: Your CPA Might Be Working Against You – Here’s How to Tell
CPA Might Be Working Against – As a business owner, your relationship with your CPA or tax professional can be a game-changer. Yet, many entrepreneurs don’t realize that their CPA’s approach can either maximize their tax savings or leave money on the table. In this post, we’ll explore the critical questions you need to ask […]
Part 1: Your CPA Might Be Working Against You – Here’s How to Tell
Have you been told that your biggest expense as a business owner is payroll? Many of us have. And while wages are undeniably a large line item, they’re not actually your biggest expense. In fact, it might surprise you to learn that the most significant drain on your profits is likely taxes. Yes, taxes – […]
State Tax Loophole Every Entrepreneur Needs to Know About!
State Tax Loophole Every Entrepreneur Needs to Know About! If you’re like most small business owners, your days are packed. Between growing your business, managing your team, and keeping customers happy, there’s barely time to catch your breath—let alone think about taxes. But here’s the thing: tax planning doesn’t have to be overwhelming, and getting […]