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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

Savvy End-Of-The-Year Tax Moves

Small Business Tax Preparation in Ontario CA Area

If you are like most people, the thought of paying taxes does not bring up warm and fuzzy feelings. Instead, you may have vague anxiety regarding all the paperwork that must be dealt with and the concern of potentially owing additional money to the federal and state tax authorities. One way to alleviate some of these concerns is by doing a little planning. When you plan, you may uncover opportunities to save on your tax bill. Consider utilizing a professional company like Whyte & Associates, Inc, for individual or small business tax preparation if you are in Rancho Cucamonga, California. … Continue reading

Lower Your Corporation’s Tax Burden

Tax Planning in Rancho Cucamonga CA Area

When preparing and filing business taxes, it is your right to pay the least amount that is legally owed. However, determining the least amount owed can be a difficult and tedious process. The tax codes are voluminous, and very few know all the items they cover. Some corporations prepare and file their taxes using internal resources. The majority, however, do not. Here at Whyte & Associates, Rancho Cucamonga, California, corporate strategies are done expertly. We would like to be your corporation’s go-to shop for tax preparation and filing. Corporate Tax: A Few of the Particulars You would be incorrect if … Continue reading

Focus on Your Revenue-generating Activities and Leave Payroll Management to our Team of Experts

Business Payroll Services in Rancho Cucamonga CA Area

Payroll processing is not just about writing checks and making deposits. With the ever-changing tax and workforce laws, payroll management can be complicated, especially if you are torn between other business functions. However, when you partner with Whyte & Associates, Inc., you do not have to worry about your payroll management. We will handle the filing, payments, and employee management on your behalf as you focus on more pressing matters of your business. Our top-notch payroll services When you outsource your payroll to us, we go beyond just paying the employees. We compute statutory deductions accurately as per the state … Continue reading

How Outsourced Bookkeeping and Accounting Services work

Outsourced Bookkeeping in Rancho Cucamonga CA Area

Do you feel helpless when piles of paperwork are strewn over your desk? As a small business owner, you are already handling several aspects of your business to ensure it runs like a well-oiled machine. However, you are only one person— there is so much you can do. Often, tracking and recording your financial transactions may fall through the cracks, resulting in a situation where you are in the dark regarding your true financial position. One of the best things you can do for your business is to outsource your accounting functions to a professional firm. Business accounting services take … Continue reading

How a Personal Tax Advisor Can Help Senior Citizens

Best Personal Tax Advisor Near Me in Claremont CA

For many people, one of the biggest headaches is their annual (or sometimes quarterly) tax preparations and filing exercise. Not everyone is great with numbers. However, even for those that are, the Federal and State of California tax codes are immense. That alone makes it difficult for senior citizens in Claremont, California, to file their income tax returns correctly. Senior citizens looking for help should contact a personal tax advisor at Whyte & Associates, Inc, who will guide them through the entire process. Benefits of Partnering with a Personal Tax Advisor A personal tax advisor helps their clients by utilizing … Continue reading

Considering Incorporating Your Business? Here are the Lifelong Benefits

Incorporating Your Business Near Me Fontana CA

Owning a business in Claremont, California, is exciting and gives a sense of fulfillment, but you need to contend with the numerous risks inherent in the business environment. While running a business is risky, one way to minimize your personal liability is incorporating your business with the help of Whyte & Associates, Inc. Whether you are thinking of a business idea or already have a sole proprietorship or partnership running, here are the benefits of incorporating your business in California: To protect your assets: A corporation can own assets, incur liabilities, and sue or be sued. You and your organization … 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

Getting the most out of bookkeeping, our approach to advising clients to grow their businesses

Bookkeeper Near Me Fontana CA

There is no denying that “crunching the numbers” is fundamental to firms in the financial “space”; however, at Whyte & Associates, Inc, we are about so much more than mere “number-crunching.” As a full-service accounting firm, we provide a variety of client advisory services to individuals and organizations in Fontana, California, and throughout the Inland Empire. Our analytical prowess and demonstrated business intelligence skills aid in helping clients strategically grow their businesses. Additionally, we step in as a bookkeeper and (other value-added roles) in a way that is not cost-prohibitive to smaller enterprises. You do not have to be an … Continue reading

The benefits of a multi-talented, full-service accounting firm for your tax prep

Tax Return Preparation Fontana CA

For the ultimate peace of mind that your tax return is in good hands, we encourage you to call Whyte & Associates, Inc. Our team in Rancho Cucamonga has served Fontana, California area businesses and individuals with their tax needs since 1956. Furthermore, our many long-term clients have benefited from our knowledge as professional accountants and as enrolled agents certified by the IRS. This knowledge and experience matters when considering tax return preparation services or providers. We view ourselves as and are much more than mere “service providers” or rote “number-crunchers.”Since we are community members, we understand the regulatory environment … Continue reading