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Test Profit Pillar Podcast Post

August 11, 2025

Podcast Highlights

[2:15] The biggest mistake coaches make with taxes

[9:45] When to hire a bookkeeper vs. CPA

[21:30] Common tax write-offs you’re probably missing

Read the Full transcript ›

Frequently Asked Questions

How do I know if my online business needs a bookkeeper or an accountant?

If you’re making consistent revenue (especially over six figures), you likely need both. A bookkeeper helps manage day-to-day finances, while an accountant focuses on taxes and strategy.

What is the most common tax mistake for online entrepreneurs?

Not separating business and personal finances is a big one—followed closely by failing to set aside taxes monthly.

How do I know if my online business needs a bookkeeper or an accountant?

If you’re making consistent revenue (especially over six figures), you likely need both. A bookkeeper helps manage day-to-day finances, while an accountant focuses on taxes and strategy.

What is the most common tax mistake for online entrepreneurs?

Not separating business and personal finances is a big one—followed closely by failing to set aside taxes monthly.

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Profit Pillars Podcast by Evolved Finance explores the financial journeys of some of the most successful online educators, thought leaders, influencers, and service providers in the online space. Each week, Parker sits down with a current Evolved Finance client to talk about their relationship with money and how their mindset has changed as their business has grown.

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