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Why is the risk-based internal audit so important?

Reduce Stress, Save Money with Live Payroll Service in La Verne CA Area

A risk-based internal audit is a relatively new management tool that top managers of an organization or firm use to assess potential threats, new opportunities, and weaknesses. Its value is increasingly critical for any company’s effective internal control, risk management, and corporate governance. Why should you consider a risk-based internal audit for your business? Here is a list of reasons: What Are the Benefits of Risk-Based Internal Audit? The benefits include the following: It helps achieve your business objectives. With the help of risk-based auditing, you can drive efficient usage of resources and time to accomplish business objectives.  It improves … Continue reading

Reduce Stress, Save Money with Live Payroll Service

Payroll Management in Rancho Cucamonga CA Area

Running your business can sometimes feel like juggling dozens of balls in the air. The more your business grows, the more complex managing certain aspects becomes. One prime example is payroll, which becomes more difficult as you hire more people. The good news is that you have options, such as hiring a proven accounting firm to manage tasks such as payroll. At Whyte & Associates, Inc, our team can take on the role of employee benefits administration, leaving you time to focus on your business goals. Payroll Services that Pay Dividends If you’re experiencing the growing pains of a growing … Continue reading

Use These Secrets to Maximize Your Tax Refund

How to Maximize Tax Refund in La Verne CA Area

Filing taxes can be complicated. This is just as true for individuals as it is for organizations. If you’re filing personal taxes, you can save a lot of money and time by working with professional accountants. Residents living in or near La Verne, California, who want to learn how to maximize their tax refund can contact Whyte & Associates, Inc. Working with a professional accountant provides many benefits: Reduced risk of getting audited by the IRS and other authorities Maximized tax refund Save time and stress Hit tax deadlines with ease Let’s take a look at some tips for reducing … Continue reading

Quick Tips For Ensuring Payroll Compliance

Payroll Compliance in La Verne CA Area

Many new entrepreneurs quickly find that managing payrolls can be quite a hassle. Unfortunately, the ramifications can be serious if matters aren’t handled correctly or if you break the law. Working with a professional payroll company can reduce headaches and save time. As an entrepreneur, you likely want to focus on growing your business, developing sound marketing strategies, and otherwise getting stuff done. Handling paperwork and payrolls may not make the top of your list. Fortunately, by working with professional accountants and a payroll services firm, you can save yourself from a lot of hassles. With the right professionals on … Continue reading

Here’s Why a Corporation is a Great Option For Setting up a Business

Tax Benefits of Incorporating Your Business in La Verne CA Area

Starting a small business is a dream come true for many. With hard work, the right skills, and some good ideas, many people successfully start enterprises each year. When setting up a company, it’s crucial to consider what type of business to form. Many people will find that a corporation best serves their needs, although it’s wise to consider all your options. Contact Whyte & Associates, Inc. to discuss tax benefits, the setup process, and more if you’re looking for corporation services in La Verne, California, or nearby. The Many Benefits Offered By Incorporation A corporation is considered its legal … Continue reading

Follow these quick tips for auditing your business and avoid the risk of not auditing your business

Risks of Not Auditing Your Business in La Verne CA Area

Running large and small businesses takes a lot of work, dedication, and knowledge. Many entrepreneurs are exceptionally busy, working long hours to achieve their dreams. Helping customers, employees, and other stakeholders is a priority. With so much already on the table, auditing and compiling company finances is a tough burden to bear. Not auditing your business, taxes, and other things creates risks. If you’d like to discuss further auditing requirements and the risks of not auditing your business in La Verne, California, and other areas nearby, contact Whyte & Associates, Inc. By auditing, we don’t mean “just” tax audits but … Continue reading

Guidance to Help You Plan Your Success, Learn More About the Benefits of Working with a Business Consultant

Benefits of Working with a Business Consultant in Rancho Cucamonga CA Area

There are many reasons people start new businesses. However, maximizing return on investment is the name of the game as far as financial success and stability are concerned. And for business owners in the Rancho Cucamonga area, Whyte & Associates, Inc has helped them take their ventures to the next level, and we can do the same for you. Navigating the Undercurrents of Business As a business owner, you will likely have a good grasp of managing your business and developing creative strategies. Not sure of the different tax strategies involved in running a business? Have concerns about complying with … Continue reading

How to Prepare for a Successful Tax Season

Maximize Your Business Tax Deductions in Rancho Cucamonga CA Area

Running a small business often means wearing many different hats. Often, entrepreneurs must manage many business processes, including marketing, human resources, and accounting. It’s hard to keep up with everything, but with a bit of preparation and foresight, it’s often possible to reduce burdens. Keeping books in order and filling out tax returns, in particular, involve a lot of work and often attention to detail. As the tax season approaches, it’s wise to prepare. It’s also smart to consider hiring professional accountants and financial services. Let’s look at how to prepare for a successful tax season. Get Updated on Tax … Continue reading

Work Smarter, Not Harder — Learn How to Choose the Right Accounting Software for Your Business

Choose the Right Accounting Software in Rancho Cucamonga CA Area

The importance of accurate financial reporting cannot be overstated. At Whyte & Associates, Inc, we understand that accounting and bookkeeping are essential to the success of any business. We strive to provide accurate and professional accounting services that help minimize the time and cost of a potential audit and ensure a positive outcome. A Trusted Local Partner Businesses in the Rancho Cucamonga area trust the talented team at Whyte & Associates, Inc with their accounting software needs. Financial statements must be reliable and accurate, as they are used to make critical decisions that affect a company’s success. If you need … Continue reading

The Reasons Your Company Can Benefit From Payroll Processing Services

Payroll Processing Cycle in Rancho Cucamonga CA Area

Starting and growing your company is a rewarding but challenging experience. As a business owner, you have to deal with many things, including administrative work, such as payroll. Payroll is known as the process of calculating employees’ earnings, managing bonuses, withholding social and income taxes, and delivering the correct payments to employees. As a business owner, you can handle the payroll yourself, but you can also consider hiring a company that provides payroll processing services.  What Are The Benefits of Payroll Services For Your Company? The benefits of outsourcing payroll are the following:  Time savings. As mentioned above, payroll is … Continue reading