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3-plus benefits of incorporation, courtesy of your professional accounting team in Rancho Cucamonga, CA

Posted By: | Published On: | Incorporations
Benefits of Incorporation at Whyte & Associates in Rancho Cucamonga Area

We congratulate you on taking the step of incorporating your business seriously. All too many times, owners may consider this yet another possible task to check off their list. The business structure that you select depends on many different factors, including the nature of your workforce, and it affects your liability for debts and judgments, ownership interest, property ownership, paperwork and filings, and a whole host of other critical matters down the road. To help you harness the benefits of incorporation in Rancho Cucamonga CA, Whyte & Associates will work closely with you to determine the best structuring option for … Continue reading

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

Posted By: | Published On: | Audit
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

Why your answer to, “What business consulting is near me in Ontario, CA?” matters

Posted By: | Published On: | Business Consulting
Business Consulting at Whyte & Associates Near Me Ontario CA Area

The Exit Planning Institute reports that 49 percent of business owners do not have a strategic transition plan in place. Of those that do have a plan, 34 percent report it has not been documented or communicated. When the plan is not “in writing” or well-communicated, it might as well not exist! Knowing this, it is not surprising that half of all business exits are “forced”; ownership doesn’t leave on his or her own terms. A move must be made due to one (or a combination) of the Five “D’s”: Death, Disability, Divorce, Distress or Disagreement. Take back control with … Continue reading

Owners, your pursuit of “quality business tax preparation near me in La Verne, CA” is over

Posted By: | Published On: | Business Taxes
Tax Preparation at Whyte & Associates Near Me La Verne Ca Area

In the San Gabriel Valley and surrounding area, you have many firms to choose from to prepare the taxes for your business. As you search for an answer to the question of, “What business tax preparation is near me in La Verne, CA?” not unlike other industries and sectors, the breadth and depth of services, and how those services are delivered, varies considerably from firm to firm. Often, you may hear a services provider referred to as the “Amazon of [insert industry here],” or the “LegalZoom of [insert sector here].” The automation-heavy giants do certain things very well; their business … Continue reading

Do you need personal tax preparation services in Rancho Cucamonga?

Posted By: | Published On: | Personal Taxes
Personal Tax Preparation Services at Whyte & Associates, Inc. in Rancho Cucamonga Area

It is perfectly legal to prepare and file your own taxes, but less than half of Americans choose that option. According to the IRS, six out of ten taxpayers opt to hire an account or other financial professional for personal tax preparation services. For those in or near Rancho Cucamonga, the natural choice is Whyte & Associates, Inc. The benefits of professional tax preparation Why do most people pay someone to prepare their taxes? The reasons are many, including: Accuracy – Do you understand the tax laws applicable to your circumstance? Are you sure about what forms you need, and … Continue reading

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

Posted By: | Published On: | Audit
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

The benefits of financial consulting services for Rancho Cucamonga businesses

Posted By: | Published On: | Business Consulting
Consulting Services for Business at Whyte & Associates, Inc. in Rancho Cucamonga Area

The idea of “business as usual” is largely a myth. Virtually no operational business is static. It may be expanding into new areas, streamlining, growing, or facing hardship. Whatever the case, it is constantly evolving with every new challenge and opportunity. The plans and decisions that business leaders make along the way can shape the future of the company. That is why Whyte & Associates, Inc. of Rancho Cucamonga, California offers a wide array of consulting services to help businesses lay a solid foundation for success. How consulting services can help your business No matter what size or stage your … Continue reading

Helping small businesses in Rancho Cucamonga thrive with effective tax planning strategies

Posted By: | Published On: | Tax Planning
Small Business Tax Planning at Whyte & Associates, Inc. in Rancho Cucamonga Area

Sometimes it feels like we live in a world of mega-corporations. However, small businesses employ nearly half of the nation’s private workforce and account for 99.9 percent of all business, according to the SBA (Small Business Administration). Additionally, their business models are generally tailored to the local culture and needs. In truth, they are the heart and economic lifeblood of communities such as Rancho Cucamonga, CA. Whyte & Associates, Inc. is proud to support and assist our local small businesses with essential financial services, including tax planning services. No, tax planning is not just for the big guys There are … Continue reading

When do you need a business consultant near me in Claremont

Posted By: | Published On: | Business Consulting
Business Consultant Near Me in Claremont Area

Simply balancing a checkbook (or the digital equivalent) and filing personal income tax returns can be daunting. When you go into business, every aspect of your finances becomes infinitely more complex, and seemingly minor decisions can have a major impact on your bottom line. If you find yourself thinking, “I wish there was a good business consultant near me,” your wish has been answered. Whyte & Associates, Inc. is conveniently located in Rancho Cucamonga, serving nearly communities including Claremont. How consulting can benefit your business at every stage It is never too soon – or too late – to seek … 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