Turning Trauma into Triumph: Nick Prefontaine ’s Inspiring Journey on the Small Business Finance Podcast
Imagine the worst day of your life becoming the catalyst for your greatest achievements. That’s exactly what happened to Nick Prefontaine, a real estate expert, motivational speaker, and creator of the transformative STEP system. In a recent episode of the Small Business Finance podcast, hosted by Tiffany, Nick Prefontaine shared his incredible story of surviving […]
Are You Being Ripped Off? The CPA Red Flags Costing Small Businesses Big Money
Are You Being Ripped Off? The CPA Red Flags Costing Small Businesses Big Money – when it comes to taxes, most entrepreneurs are either flying blind or relying too heavily on someone who might not be doing enough to protect their money. Let me ask you a tough question — Is your CPA proactively protecting […]
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 […]
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 the answer was simpler than you thought? Spoiler Alert: The fastest way to […]
Phillips Business Group LLC: Houston’s Top CPA Firm of 2024
Phillips Business Group LLC has been recognized as Houston’s Best CPA Firm of 2024, raising the bar for tax advisory and financial planning in the city. Known for their creative tax-saving strategies, this firm helps small business owners reduce their tax overpayments by as much as 20-30%, thanks to an 85-point system they’ve developed specifically […]
How to Avoid Capital Gains Tax on a Business Sale
A business sale can become quite complicated depending on the type of business structure. When selling a business, this usually involves the disposal of various assets. As such, selling your business may result in capital gains tax. You can minimize, defer, or avoid capital gains tax on a business sale.What is the best way to […]