408 \\ You Formed an LLC. Now Don’t Make These 5 Costly Mistakes episode artwork

EPISODE · Jul 20, 2026 · 19 MIN

408 \\ You Formed an LLC. Now Don’t Make These 5 Costly Mistakes

from SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice · host Tiffany Phillips, CPA & Small Business Tax Strategist

If you recently started an LLC, this episode is for you. Many business owners think filing the paperwork is enough—but that's just the beginning. Tiffany Phillips, CPA, explains the five biggest LLC mistakes that can lead to higher taxes, lost deductions, missed deadlines, and weaker liability protection. You'll learn how to separate business and personal finances, understand how your LLC is taxed, stay compliant, structure property purchases correctly, and document business expenses the right way. These tax tips, tax planning, and business strategy insights can help you avoid expensive mistakes before they happen. Small changes today can save you money and headaches later. Listen now and learn how to build an LLC that works for you—not against you.   Next Steps: 💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense! 👉https://tiffanyphillips.samcart.com/products/your-biggest-expense-bundle ☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call 👉https://calendar.phillipsbusinessgroup.com/tax 📧 Questions? Email Me at [email protected] ✅ Like and Rate us for more practical tax saving tips 👉 Comment "KEEP" for a deep dive on LLC planning. Keep More!

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408 \\ You Formed an LLC. Now Don’t Make These 5 Costly Mistakes

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This episode was published on July 20, 2026.

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