Running a small business often feels like juggling a dozen tasks at once. Between managing your team, handling sales, and keeping customers happy, your business finances can sometimes slip through the cracks. However, if there’s one area you absolutely need to get...
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...
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...
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...