As a small business owner, you might be part of a collective group that is unknowingly overpaying taxes each year. Many entrepreneurs end up paying far more than their fair share, contributing to government spending without realizing there are legal, ethical ways to...
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 there’s...
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 utilize...
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 daily...
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 the...
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...