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The Real Buzz

Eric & Melissa Broughton

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The Real Buzz, a podcast designed with small business owners in mind who are serious about reducing their tax liability. Hosted by accounting and tax experts, Eric and Melissa Broughton of Busy Bee Advisors, this informative, and yes, even entertaining, podcast focuses on sharing forward thinking strategies to help you get organized, plan ahead and ultimately pay less in taxes. As small business owners themselves, they walk the walk and boy do they talk the talk. Their unexpected down-to-ear ...
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Unlock the secrets of keeping your team happy and your business thriving with the wisdom we'll bring to the table today. We're pulling back the curtain on employee retention strategies and the tax benefits they can harvest. We're eager to share a case study, a real life example from an HVAC contractor's hiring hurdles. With an emphasis on the power…
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Ever found yourself tangled in a web of receipts and expense reports every month end? We've all been there, and it's exactly why we're suggesting something different for 2024. This episode is full of strategy gems for your business's financial health. We'll suggest effective bookkeeping systems, wave goodbye to cumbersome manual tracking and say he…
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Ever felt like navigating the tax system is like trying to solve a Rubik's Cube in the dark? Join us, Melissa and Eric, as we shine a light on the tax labyrinth, helping you crack the code. This episode isn't just a run-of-the-mill tax talk; it's a treasure map to the gold mines of tax benefits for both individuals and business owners. We tackle th…
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Listen and learn as Melissa and Eric discuss the signs that demonstrate it’s time for you to find a new tax professional to do your taxes. Do you know what to look for when you're not sure about your tax person? Do you know what questions to ask? Are you a good client? Here are just some examples of what it is you should be considering along with m…
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On this episode Eric and Melissa answer questions from real prospective clients who called Busy Bee for tax advice (names and scenarios have been changed.) They break down two different scenarios and how they advise a client could reduce their tax liability. Some of the highlights from the show include: Set up a corporation! If you are filing as a …
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In this episode, your hosts, Melissan and Eric Broughton, give tax strategies that can save you money if you implement them before the end of the year. These aren’t “loopholes” and they aren’t “shady” practices, these are strategic methods that business owners have been using for decades. Some of the ideas in this episode include: -Prepay rent or o…
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Learn from Eric and Melissa as they share the benefitsof hiring your children to work in the family business. What can they do? For starters, they can file, they can shred, they can sweep, heck they can even star in your social media commercials! Done properly, they can be paid thus reducing your taxes and building a nest egg for themselves. Let th…
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You’ve heard the news, the federal government has authorized funding for 87,000 new I.R.S. agents to help with tax enforcement. Are you panicked, angry, anxious? Stop worrying and ignore the noise. We break down what the new funding really means and how it could affect you or your business. If you file your taxes correctly you have nothing to worry…
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Join your hosts Melissa and Eric as they discuss how to get financially prepared for cash flow and taxes before you start your business. One of the biggest mistakes new business owners make is they get started and then they talk to a tax professional after the year has ended only to find out they could have saved a ton of money by setting up their …
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Hear your hosts, Melissa and Eric, have a conversation about Realtors this week and how important it is for them to treat their job like they are running a business. Whether you are a new Realtor who expects to make a solid income in your first year or you are established and very successful, it is vital for tax savings to set up the proper corpora…
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There are a lot of tips and tricks to try and save money on taxes and in other ways with your small business, but maybe the most impactful, simple change you can make to your operation is to hire a bookkeeper. Monthly bookkeeping is invaluable, it can help you eliminate extra subscriptions, catch accidental charges or fraud and give you a clear and…
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Eric and Melissa talk about what it means to have a great accountant? Well, they shouldn’t be just a numbers or money person and they should meet with you more than once a year. A great accountant works with you year-round to figure out how to reduce your tax liability. One simple way to boost employee morale and reduce your tax liability is by rei…
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On this episode Melissa and Eric talk about the importance of business owners drawing a salary rather than just taking large distribution at the end of the year. The IRS wants to make sure you are paying a reasonable amount of payroll taxes and so you are supposed to give yourself a “reasonable compensation” for your work. The two discuss how you f…
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Listen and learn as Melissa and Eric sit down to talk about two topics that could help you save on taxes and make you a much more efficient business owner. First they discuss the Augusta rule, what is it and how can you rent your own personal property to the business to save money on your taxes. Second, they discuss the importance of regular, up to…
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In this episode, Melissa and Eric talk about the importance of sending your vendors 1099 forms and while this year’s deadline has passed it’s never too early to start preparing for next year by sending vendors W-9 forms to get the necessary information. On a bigger picture context, learn the difference between different types of company structures …
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It's the first episode of The Real Buzz with Eric and Melissa Broughton, owners of Busy Bee Advisors. So they're going to talk travel. Like how to take advantage of travel for business purposes, and how to appropriately justify and support your travel-related expenses. Plus a little irreverance on travel-related per diems, how they work and who can…
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The Real Buzz podcast is all about helping small business save money on taxes with forward thinking tax strategies, tips to get you and keep you organized and pro-active planning ideas. Eric and Melissa Broughton, owners of Busy Bee Advisors, will take you on a fun and informative journey each month exploring topics that will ultimately help your b…
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