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What entrepreneurs in Rancho Cucamonga should know about bookkeeping basics

Posted By: | Published On: | Blog, Bookkeeping
Over the shoulder view of a man checking an invoice on a calculator

Entrepreneurship means something different to everyone. For some, it means spending millions to establish a new corporation. For others it means working at a Rancho Cucamonga kitchen table and saving enough from your pay check to cover required fees. The financial differences between these scenarios are infinite, but there is one striking similarity, and that is the importance of good bookkeeping and accounting. Whyte & Associates, Inc. offers a variety of scalable solutions, from just the basics to full payroll, accounting, tax planning, and more. Here we discuss a few things that entrepreneurs of all types need to consider when … Continue reading

Pursuing your passion may reward you in many ways

Posted By: | Published On: | Blog, Business Consulting
Businesses in Rancho Cucamonga discover the top reasons for outsourcing payroll services

We could all do well to follow a passion, even if it is not meant to lead into a lucrative career. Hobbies give us something productive to do with our time and serve as a creative outlet. One may not initially make the connection between a hobby and taxes, but there are cases in which this shouldn’t be overlooked. As your experienced tax experts, Whyte and Associates is dedicated to helping you make the most of your income. As with a home business and other potential write-offs, the primary concern is sending a red flag to the Internal Revenue Service, … Continue reading

The right business consultant services can help your business in the Rancho Cucamonga, CA area thrive

Posted By: | Published On: | Blog, Business Consulting
Business Meeting, Whyte & Associates, Inc.

There is something exhilarating about the idea of being in business for yourself. With the multitude of changes that have occurred in business in the past several years alone, we have seen a surge in the entrepreneurial spirit. At the same time, a high percentage of new businesses fail to get off the ground. The primary reason for the failure of a new business is too much time and investment is put into ongoing administrative duties and the development of business structures. Success, on the other hand, is simple: spend time and investment on marketing and procuring new business. Your … Continue reading

Accounting firm discusses business entity formation in Rancho Cucamonga

Posted By: | Published On: | Blog, Business Consulting
The Importance of Rancho Cucamonga Tax Planning Services

Some people are gifted with great business acumen and others “just fake it until they make it.” However, being an entrepreneur is not very forgiving. “Faking it” in any arena can get a business and its owners into hot water just by not knowing. One of the most important things a business owner should do is determine which type of business entity their business will be. Selecting the correct type of business entity formation is important because it will define the ownership structure and federal and state reporting obligations, along with taxation and overall liability issues. There are six different … Continue reading

Rancho Cucamonga firm provides business consulting services

Posted By: | Published On: | Blog, Business Consulting
Rancho Cucamonga firm provides business consulting services

If you’ve recently decided to get help with your business accounting services, the various options might overwhelm you. You might be considering hiring a part-time or full-time bookkeeper, a CPA, or an accounting consultant. While many business owners understand what a part or full-time employee would do, they may not understand the business service that a consulting firm would provide. Rancho Cucamonga’s esteemed consulting firm, Whyte & Associates, provides more details: When you need more than numbers Financial numbers can be complex and can vary based on several scenarios. Even with the best accounting software, it can be challenging to … Continue reading

Professional business consulting services for corporate dissolution

Posted By: | Published On: | Business Consulting
Rancho Cucamonga businesses search for tax and accounting professionals

Whyte & Associates, Inc. in Rancho Cucamonga, CA offers professional business consulting services. As business owner, you understand how much work is involved in the paperwork, tax forms, and maintenance. Failure to follow the appropriate steps can be problematic for businesses. Let us ease your mind through our business consulting services. Our office is available to help with the creation, maintenance, and dissolution of businesses. What is corporate dissolution? Ending a business is not an easy decision. You put your heart into building it, and circumstances have changed leading you to close your doors. Unfortunately, as it took work to … Continue reading

Rancho Cucamonga business owners ask, “Do I need business management consulting services?”

Posted By: | Published On: | Blog, Business Consulting
Professional Business Consulting Services from Mr. Steve Whyte, Whyte & Associates, Inc. explains Rancho Cucamonga business owners, that do they need business management consulting services?

Many small business owners are excellent multi-taskers. The nature of growing a business is that the owner must often provide the service, prepare the invoice, hire the employees, negotiate with insurance companies, and even provide necessary home and auto maintenance. However, as the business grows, many owners find they need help. In some cases, they need more people to execute the work and in others they need business management consulting services to help them maximize their time and profits. Whyte & Associates in Rancho Cucamonga helps clients meet their business goals with a full suite of accounting and management services. … Continue reading

Tax planning experts in Rancho Cucamonga, CA strategize on your behalf

Posted By: | Published On: | Blog, Tax Planning
Tax planning experts in Rancho Cucamonga, CA strategize on your behalf

One of the most important – and stressful – aspects of running a business of any size is taxes. Paying taxes is necessary, but numerous strategies can be implemented to increase your bottom line. In some situations, strategies may be designed around the business, in others, planning revolves around the business owner. Whyte & Associates, Inc. has a team of tax planning experts that have been serving clients in Rancho Cucamonga, CA and surrounding cities for several decades. We know how to structure tax planning according to the goals we wish to achieve. A well-designed plan may accomplish one or … Continue reading

Rancho Cucamonga accounting firm offers help with your back tax problems

Posted By: | Published On: | Blog, Tax Planning
Rancho Cucamonga accounting firm offers help with your back tax problems

For one reason or another, many taxpayers fail to file a required tax return. Even if only a single year is missed, it’s important to note that you’re still obligated to file your back taxes. Furthermore, in the time that your taxes go unfiled, and unpaid, you are likely adding interest and penalties to the amount you owe. The professionals at Whyte & Associates in Rancho Cucamonga, CA, can help you gather your information and submit your tax information to the IRS. Here are the steps to get started: Collect income information – Retrieve information about how much money you … Continue reading

The right tax planning services can save you money in the long run

Posted By: | Published On: | Blog, Tax Planning
The right tax planning services can save you money in the long run

There are several options that individuals and business owners have for the management of their bookkeeping and tax matters. For those who do not want to or should not file completely on their own, there are options such as a storefront tax service or tax planning services from an Enrolled Agent. Whyte & Associates is more than a storefront tax preparation firm. Our office is open for business year round and is staffed by degreed, experienced professionals that can help you manage your financial wellbeing. The storefront tax service For many people, the storefront tax preparer seems a viable option … Continue reading