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Discover the benefits of outsourcing bookkeeping in Rancho Cucamonga

Posted By: | Published On: | Blog, Bookkeeping
Discover the benefits of outsourcing bookkeeping in Rancho Cucamonga

Your business is important. You have spent hours and poured yourself into creating a successful company. The regular day-to-day tasks of running the business require your attention. As a result, you have less time to spend on non-core business functions. Outsourcing items such as bookkeeping or back-office duties can save time and energy. For business owners near Rancho Cucamonga, there are several benefits of outsourcing bookkeeping to the team at Whyte & Associates, Inc. Reasons to outsource Bookkeeping is a non-core business function. While necessary, a non-core function does not contribute to the focus or profit center of the business. … Continue reading

Rancho Cucamonga tax consultants provide considerations to incorporate your business

Posted By: | Published On: | Blog, Incorporations
Helped Countless New Businesses

When an individual launches a business, one of the first things a person must consider is whether to incorporate the business, and which type of corporation to create. With experience in tax and business consulting, the professionals at Whyte & Associates in Rancho Cucamonga, CA, have helped countless new businesses make the best decision about incorporating. Why should I incorporate? While operating your business as a corporation does mean that you’ll have increased paperwork, it does have several advantages, including potential tax benefits and legal protections. However, there are several other reasons that businesses might consider incorporation, including: Unlimited life … Continue reading

Reasons to consider company incorporation

Posted By: | Published On: | Blog, Incorporations
reasons to consider company incorporation

Whether you are just getting started or have been in business for several years, incorporation may be something on your mind. We are happy to provide face to face assistance to business owners considering incorporation. There are several benefits to incorporating or forming an LLC, some of which include: Protection of personal assets. The formation of a corporation or LLC allows you to keep your personal assets away from those associated with your business. One of the primary benefits of company incorporation, the protection of assets is essential due to the nature of our litigious society. Should a claim or … Continue reading

Walking you through company incorporation in the Rancho Cucamonga, CA area

Posted By: | Published On: | Blog, Incorporations
company incorporation rancho cucamonga

The two common goals shared by most entrepreneurs are the taxation of business profits on the individual tax return and the protection of personal assets from claims against the business (limiting liability). In some situations, the best way to do this is through company incorporation into what is called the S-corporation. There is also the option of forming an LLC, or limited liability company. In the Rancho Cucamonga, CA office of Whyte & Associates, we help our clients identify the ideal time for incorporating as well as the type of incorporation that may best suit their needs. Understanding the S-Corp … Continue reading

How should new businesses structure their corporations in Rancho Cucamonga?

Posted By: | Published On: | Blog, Incorporations
new business advise rancho cucamonga

You have done your due diligence and have decided to incorporate your new business. The next step is to determine which type of corporate structure best fits your organization. Determining the appropriate corporate structure can be tricky. In some cases, it requires you to gaze into a crystal ball and see the future. Fortunately, new businesses in Rancho Cucamonga, CA have the experience and knowledge of Whyte and Associates to guide them through the process. There are three corporate structures to consider – a Limited Liability Company, S-Corp, or C-Corp. Each of these structures offers varying levels of personal liability … Continue reading

Those considering company incorporations should talk with the professionals at Whyte & Associates

Posted By: | Published On: | Blog, Incorporations
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Many businesses begin with a single person, an exceptional skill, and a dream of owning one’s own business. However, as the business grows and profits rise, business owners often consider the benefits of company incorporation. Decisions about incorporation have several factors. The business consultants at Whyte & Associates have helped many businesses consider their options and decide when to change their company structure. Here, they offer a few factors to consider: Limited liability – One of the biggest benefits of incorporation is the legal protection that owners are afforded. The government considers the company a legal entity and the debt … Continue reading

Rancho Cucamonga business owners discover the reasons for and benefits of company incorporation

Posted By: | Published On: | Blog, Incorporations
Whyte & Associates, Inc. in Rancho Cucamonga explains the reasons for and benefits of company incorporation for small business owners.

When starting a business, many small business owners start as small proprietorships meaning the owner and business are one and the same. Changing to a corporation or LLC brings a number of advantages for individuals. Whyte & Associates, Inc. in Rancho Cucamonga explains the reasons for and benefits of company incorporation for small business owners. A business owner has many decisions to make in developing and forming his/her business. Deciding on the exact legal structure is one of the most important choices to make. Individuals often launch as sole proprietorships leaving no legal separation between themselves and their businesses. Some … Continue reading

Experienced firm in Rancho Cucamonga explains steps to incorporate a company

Posted By: | Published On: | Blog, Incorporations
Steps to Incorporate a Company in Rancho Cucamonga area

Since 1956, Whyte & Associates, Inc. has been getting new ventures off to a solid start and helping established businesses protect their assets. Our team in Rancho Cucamonga provides knowledgeable guidance through all steps to incorporate a company. We have assisted many others in taking this important measure, and we can help you, too. Why incorporate? Whether your business is a sole proprietorship just getting underway, or you have been doing what you do for a while, someone has probably said, “You really should incorporate.” Professional image is essential in cementing relationships with lenders, vendors, associates, and potential new hires, … Continue reading

Turn to your Rancho Cucamonga tax specialists for help with an audit

Posted By: | Published On: | Audit, Blog
Accountant is highly desirable for small businesses located in the 91730 zip code.

Although most people fear a tax audit, this investigative process by the IRS occurs relatively rarely. If you have received a letter from the IRS, try not to panic. With calm assessment and professional assistance, your situation can be handled efficiently. Letters from the IRS do not always mean what you think. The adjustment letter. This is not a letter indicating an audit, but a letter that indicates there has been a change to either your refund or the amount owed in taxes. If the IRS notices a mistake in numbers on your form and sends you an adjustment letter, … Continue reading

Professional audit services for franchisees in Rancho Cucamonga, CA

Posted By: | Published On: | Audit, Blog
professional audit services rancho cucamonga

Most often, when we hear the term “audit” we imagine a visit from a stone-faced, intimidating IRS agent. Business owners may face other types of audits. Whether you own a start-up or a franchise, you can benefit from the professional audit services available at Whyte & Associates in Rancho Cucamonga, CA. Franchising and royalty fees At the heart of the franchisor-franchisee financial relationship, is the issue of royalty fees. These fees are agreed upon and outlined in the franchise agreement. Fees are paid by the franchisee to the franchisor for the duration of their agreement. They are paid in exchange … Continue reading