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The IRS audit is nothing to fear with exceptional tax help on your side in Rancho Cucamonga

Posted By: | Published On: | Audit
How To Get Tax Audit Help On Your Side in Rancho Cucamonga Area

Root canal therapy. In-flight turbulence. IRS audits. These words may cause your palms to sweat, or make your heart beat a little faster. However, at least as it relates to our specialty areas – tax preparation and consultative accounting – the last term is nothing to fear when you have a qualified and experienced financial partner like Whyte & Associates in Rancho Cucamonga on your side to help you through the process. In addition, our team includes Enrolled Agents (EAs). The National Association of Enrolled Agents reports there are only about 53,700 EAs in the United States. When one considers … Continue reading

Rethinking the audit process: Proactive planning services for your company in Rancho Cucamonga

Posted By: | Published On: | Audit
Proactive Planning Services for Your Company in Rancho Cucamonga Area

“Audit” is arguably one of the most dreaded words in the English language. It is important to know that, just because you are being audited, does not mean you have done anything wrong. Also, many of the common “triggers” for an audit can be avoided by partnering with a firm like Whyte & Associates. We have been providing company auditing services, including representation, to clients in and around Rancho Cucamonga for more than 60 years. So, why are you getting audited?   It could just be the luck of the draw! The Internal Revenue Service notes that some returns are merely … Continue reading

Should you be prepared for an IRS business tax audit in Rancho Cucamonga?

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Should You Be Prepared for an IRS Business Tax Audit in Rancho Cucamonga Area?

You are being audited. Those four words can strike fear in the heart of any business professional in Rancho Cucamonga. However, it does not have to be frightening if you are properly prepared and have the right professionals on your side. When you choose Whyte & Associates, Inc for bookkeeping and other financial services, you can feel confident knowing your books are accurate and done right. Furthermore, if a tax audit does happen, we can help you prepare and represent your business. What are the chances of your business being audited? Large corporations and high-revenue businesses are audited more frequently. … Continue reading

The importance of professional service in Rancho Cucamonga for all your business, franchisee auditing needs

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The Importance of Professional Service in Rancho Cucamonga Area for All Your Business, Franchisee Auditing Needs

Between 2007 and 2015, Forbes reported that the number of Baby Boomer-led franchises grew by 6%. In fact, 29% of all franchisees reportedly fall squarely into the “Boomer” demographic. More seasoned professionals and serial entrepreneurs alike are considering opportunities associated with these “turnkey” operations, especially as the workforce continues to plug away well into what has traditionally been considered the “retirement” years. The word “audit” hangs over the heads of many independent business owners like a foreboding cloud; however, newly minted franchisees may not realize is that the franchisor can order an audit at any time. The importance of a … Continue reading

Auditing services for individuals and businesses in Rancho Cucamonga, CA

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Auditing Services at Whyte & Associates in Rancho Cucamonga CA Area

Being audited can be a very stressful and frustrating experience if you are trying to manage the process on your own. At Whyte & Associates, Inc., we bring peace of mind to the process with professional auditing services for both individuals and businesses in the Rancho Cucamonga, CA area. Professional auditing services At Whyte & Associates, Inc. our team of tax accounting professionals is here to help you through the audit process in an organized, comprehensive manner that ensures the best chance of success. We have both the experience with audits and the in-depth knowledge of tax laws needed to … Continue reading

4-plus triggers for an audit; how our services in Rancho Cucamonga, CA support your small business

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Small Business Audit Services at Whyte & Associates in Rancho Cucamonga Area

The word “audit” inspires fear among many people. However, when it applies to businesses, there are many reasons the process may be needed. Your income tax accounting and payroll services partner, Whyte & Associates, Inc., provides prompt small business audit services in Rancho Cucamonga, CA, that are suited to your unique needs. Here are just a few of the reasons a business may be audited: Financial institutions may require an audit as part of a loan. In other words, banks might review financial statements and notes associated with those statements to confirm that you meet various benchmarks to determine your … Continue reading

The benefits of working with business audit professionals in Rancho Cucamonga

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Business Audit Professionals at Whyte & Associates Inc in Rancho Cucamonga Area

“You are being audited.” It is a phrase that no business owner or executive wants to hear. However, it does not have to be a stressful and confusing ordeal, because you do not have to face it alone. The experienced business audit professionals at Whyte & Associates, Inc in Rancho Cucamonga are here to help! What is an audit? Your first questions might be what exactly an audit is and what is going to happen. The answer is: it depends. There are many types and levels of audits, with different processes and risk levels. A business audit may mean: Internal … Continue reading

Auditing services for your small business in Rancho Cucamonga provide the ultimate peace of mind

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Business Auditors at Whyte & Associates in Rancho Cucamonga Area

“Audit.” The very mention of the word sends shivers up small business owners’ spines. The reality is, according to the IRS Data Book, small corps are far less likely to be audited than larger corps (.5% versus 6.2% of total returns are audited, respectively). Larger businesses tend to have more potential red flags on their tax returns than organizations and individuals with lower incomes, and resources are deployed toward audits among those higher-income corps as the juice may be more worth the squeeze. However, the greatest source of owners’ peace of mind comes from exceptional business auditing services in Rancho … Continue reading

How to prepare for a franchise audit of your Rancho Cucamonga business

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Business Audit at Whyte & Associates, Inc. in Rancho Cucamonga Area

Owning a franchise has undeniable benefits, which many Rancho Cucamonga entrepreneurs find enticing. With a tried and true business model and established brand recognition, you can be up and running quickly. However, there are also distinct downsides to this business model, some of which can come as a surprise if you did not review the contract very carefully. For example, the franchisor can – and likely will – conduct a business audit periodically. What does that mean, and how can you prepare? What is a franchise audit? When you hear the word audit, you probably think of IRS. However, not … Continue reading

Services and representation for all types of tax audits in Rancho Cucamonga

Posted By: | Published On: | Audit

Just the word “audit” can strike fear in the hearts of business executives and individuals alike. Do not worry, you do not have to face it alone. The top-notch professionals at Whyte & Associates, Inc. offer many types of audit services in Rancho Cucamonga, CA. We can help you understand why you are being audited, what to expect, and how to prepare. Types of tax audits There are several types of tax audits, with differing processes. In each case, the goal is to either verify that information on your tax returns is accurate or adjust if inaccuracies are confirmed. Correspondence … Continue reading