Service Update - COVID-19

Due to the rapidly evolving situation with COVID-19, our office has established a business continuity plan and will continue to serve our clients in the safest way possible.

Our staff will be working remotely and will be closing our office until further notice. We will resume in office operations and will be available for phone calls once our government agencies deem it safe. We ask that you please remain patient and consider the following: The IRS has granted taxpayers relief by giving extensions on all income tax payments up to July 15th. The extensions will be valid once an electronic extension is filed, which we will do for you.

We assure you that we will continue to work all files diligently and timely.

If you should have an emergency, we are providing Steve Whyte's contact information where he can be reached. PLEASE be extremely considerate and thoughtful on whether your matter is truly an emergency prior to calling. Steve Whyte's PH: 909-720-6876

Business Continuity Plan

Sincerely,
Steve Whyte, E.A

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

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 more of the following:

  • Lower your tax rate
  • Avoid common tax planning errors
  • Reduce your taxable income
  • Capture all available tax credits
  • Manage the effect of the Alternative Minimum Tax
  • Better control the scheduling of tax payments

Details of proper tax planning

The starting point for an effective tax plan is making an estimate of business and personal income for upcoming years. Estimating income is essential because a tax strategy may, at one income level, save you money and on another, garner higher taxes. The right tax plan at the wrong income level can be disastrous. For this reason, we work a detailed plan around the right tax bracket.

Estimating projected income may not involve pinpoint accuracy, but it is a part of the normal operation of your business, as are projections of cash flow, revenues, and more. We can help you with every step in the creation of your ideal tax planning strategy, easing your burden and watching out for your best interests.

There is much more to business taxes than tallying up sums and submitting payment and records to the IRS. Many business owners make the mistake of entrusting their livelihood to a storefront tax service. While this may be acceptable for the individual whose personal taxes are very simple, a business owner requires a higher level of detail in order to protect assets sufficiently.

On the Whyte & Associates, Inc. team are two degreed accountants and two Enrolled Tax Agents who have a proven record of accomplishment. When it comes to your business and personal assets, you want to rely on experience.

To speak with one of our seasoned professionals, call (909) 575-0080.