422 \\ Cash Flow Mistake Cost Carrie $68K Before Year-End episode artwork

EPISODE · Aug 21, 2026 · 13 MIN

422 \\ Cash Flow Mistake Cost Carrie $68K Before Year-End

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

The money in your business bank account is not always yours to spend. In this episode, Tiffany shares how one business owner confused cash with profit—and nearly ran out of money after taking large owner draws. A hidden $68,500 tax bill and penalty left her business with a dangerously small cash cushion. You’ll learn the three numbers every owner should track: total cash, committed cash, and truly available cash. Tiffany also explains how to build a tax reserve, update estimated tax payments, and review smart year-end moves. These practical tax planning and cash flow lessons can help you make better money decisions and protect your business finance. Before you transfer another dollar, listen to this episode. Your bank balance may be telling the wrong story. 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... Keep More! 👉 if you want me to keep walking you through this kind of year end strategy, comment RESERVE  and I’ll get you some more information.  

Episode metadata supplied by the publisher feed · Published Aug 21, 2026

Embed this episode

Ready to play

422 \\ Cash Flow Mistake Cost Carrie $68K Before Year-End

0:00 13:04

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice?

This episode is 13 minutes long.

When was this SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice episode published?

This episode was published on August 21, 2026.

Can I download this SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!