Follow these quick tips for auditing your business and avoid the risk of not auditing your business

Risks of Not Auditing Your Business in La Verne CA Area

Running large and small businesses takes a lot of work, dedication, and knowledge. Many entrepreneurs are exceptionally busy, working long hours to achieve their dreams. Helping customers, employees, and other stakeholders is a priority. With so much already on the table, auditing and compiling company finances is a tough burden to bear. Not auditing your business, taxes, and other things creates risks. If you’d like to discuss further auditing requirements and the risks of not auditing your business in La Verne, California, and other areas nearby, contact Whyte & Associates, Inc. By auditing, we don’t mean “just” tax audits but … Continue reading

The Three Main Types of IRS Audits

IRS Audit Services in Rancho Cucamonga CA Area

Many people fear being audited by the IRS. Perhaps this is because they know that the IRS is a well-funded bureaucracy that is known for long and drawn-out audits. In other cases, they know someone who has been audited and have heard that it can be a complicated process to endure, even if the return was prepared correctly to begin with. At Whyte & Associates, Inc, we have the knowledge and expertise needed to support you with IRS audit services. The Three Main Types of IRS Audits There are different types of tax audits. The three main types are: The … Continue reading

Facing a Financial Audit? Here is the Checklist to Get You Ready

Financial Audit Checklist in Ontario CA Area

Whether your end-year is months away or just around the corner, you always experience the familiar feeling of audit dread. However, audits don’t need to be your worst nightmare. Preparing ahead can make the audit less daunting, whether you are facing a tax or financial audit. Whyte & Associates, Inc. proudly helps clients in Rancho Cucamonga, California, with audit matters, and today we guide you on how to make your business audit ready. Financial audit checklist Financial auditing is a critical function that helps evaluate whether the financial records have been prepared according to the accounting standards. An audit identifies … Continue reading

Tips for Handling a Tax Audit

Client Advisory Services Near Me Fontana CA

If you are in Claremont, California, and have been chosen for an IRS tax audit, do not panic! It does not necessarily mean you are in trouble. It simply means the IRS has questions about some of the information you put on your tax return. There may be errors on your return or information that’s “out of the ordinary.” These tips from Mr. Steve Whyte of Whyte & Associates, Inc. provide valuable insight into what to do if you are audited. Types of IRS Audits There are three types of IRS audits: Mail auditOffice auditField audit You can respond to … Continue reading

Turn to our highly-skilled, experienced professionals to take the headaches out of the internal audit process

Financial Control Audit By Professionals Near Me in Cucamonga CA Area

The word “audit” inspires considerable fear and apprehension; however, the internal audit control process is simply all in a day’s work for many organizations. Depending on the structure and nature of one’s business, including respective services and industries, audits can range from compliance-oriented (evaluating adherence to required regulations and procedures) to IT and environmental audits. The latter audits put one’s finger on the pulse of the health of the organization’s environmental impact or its backup and disaster recovery functions.  Management of the audit requires highly specialized financial expertise. Whyte & Associates provides Claremont, California, area organizations of all sizes with … Continue reading

Top Benefits of Auditing Your Small Business

Business Audit Benefits Rancho Cucamonga

Growing your small business can be just as much of a challenge as starting it up. Hiring an independent firm to audit your company can help gauge its efficiency and identify areas that need improvement. If your business is in Rancho, Cucamonga, you can turn to the business-auditing professionals from Whyte & Associates, Inc. for the services you need. Here are some of the benefits your business stands to gain from an independent business audit. Small Business Audit Benefits A comprehensive business audit can help uncover weaknesses in your business operations that can influence your bottom line. Correcting these issues … Continue reading

Financial audit services that give you peace of mind

Financial Audit Services in Rancho Cucamonga CA Area

“Audit.” The mere mention of the word is enough to inspire dread and sleepless nights. But with Whyte & Associates in Rancho Cucamonga, California, on your side, there is nothing to dread. You can rest comfortably knowing that our Enrolled Agents have considerable knowledge of the audit and tax process to get you a favorable result quickly. Additionally, as EAs (the highest credential awarded by the IRS), we have considerable first-hand experience working through various tax matters and with a diverse array of taxpayers. We also have the credentials to represent taxpayers at all tax offices. We have familiarity with … Continue reading

Set Your Business Apart from the Rest with Top-notch Business Audit Services

Business Audit Services in Rancho Cucamonga Area

In today’s ever-changing regulatory environment, you need audit and assurance services to remain compliant. At Whyte & Associates, Inc., we know compliance can be complicated, and that’s why we step in to make sense of it all. With our unwavering eye for detail, we leave no stone unturned. Our top-notch audit services not only keep you compliant but give you a competitive advantage over rivals by adopting the best industry practices.  Our audit services Mainly we offer services for individuals and businesses undergoing a compliance check by the government. Primarily, the audit ensures that they made correct tax returns as … Continue reading

Financial Audit Services from Whyte & Associates, Inc. provide peace of mind and minimize stress

Financial Audit Services in Rancho Cucamonga Area

By definition, the “audit” refers to an inspection or evaluation conducted by an official party. There are many different types of audits; for instance, our clients in the home improvement field may conduct energy audits. Likewise, our IT clients may conduct audits of their clients’ websites to identify areas for improvement or upgrades. We at Whyte & Associates, Inc. are specialists in financial audits. Our specialization is defined partly by our status as an Enrolled Agent (EA), the highest designation awarded by the IRS. EAs have unlimited rights to represent you with the highest caliber of services, should you or … Continue reading

Audit services for businesses that clients can trust; tailored to their needs, goals in Rancho Cucamonga

Audit Services for Business in Rancho Cucamonga Area

Merriam-Webster defines an audit as a “formal examination of an organization’s (or individual’s) accounts or financial situation.” Audits technically come in all forms, not limited to your “books.” You can, for instance, have a qualified consultant conduct an energy audit to evaluate your home’s efficiency. As consultants in the accounting and financial services realm, we at Whyte & Associates in Rancho Cucamonga assess and assure the accuracy of financial statements for our business clients. Again, these services take on many different forms, depending at least partly on the clients’ goals.  Additionally, we have diverse clients that represent industries ranging from … Continue reading