The Impact of TCJA on Cost Segregation & Like-Kind Exchange

January 17, 2019By So Sum Lee

Below is a preview of one of the articles in the new KROST QUARTERLY Real Estate Issue, titled “The Impact of TCJA on Cost Segregation & Like-Kind Exchange” by So Sum Lee, CPA: Like-kind exchange has been a popular tax deferral tool for decades. Under IRC 1031, a taxpayer can defer tax on gain from … Read More

Steve Chhuor Certified in Cybersecurity Advisory Services

January 16, 2019By KROST

Recently, KROST team members have devoted time to further their training and expertise in cybersecurity by earning AICPA’s Cybersecurity Advisory Services certificate. Cybersecurity risk is evolving daily and as experts, we need to continually expand our knowledge to properly detect, respond to, mitigate and recover from security risk. Assurance & Advisory Manager, Steve Chhuor, CPA, … Read More

KROST Quarterly: The Real Estate Issue Is Now Available!

January 9, 2019By KROST

We are happy to announce the release of our third quarterly magazine! The Real Estate Issue highlights some of the hot topics in real estate including Opportunity Zones, Delaware Statutory Trusts, Cost Segregation, 1031 Exchange, Green Building Tax Incentives, and Qualified Improvement Property. What You’ll Find Inside this Issue: The Impact of TCJA on Cost … Read More

Donor-Advised Funds

December 11, 2018By Matthew Weber, CPA, MAcc

A donor-advised fund (DAF) is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. A DAF enables a taxpayer to contribute personal assets, including cash, securities, and real estate, to an investment account, in which the assets grow tax-free. The taxpayer receives an … Read More

2018 Business Tax Planning

December 6, 2018By KROST

Businesses that have engaged in year-end tax planning know that as 2019 approaches, it is time to develop, finalize and undertake a year-end tax planning strategy. Businesses that have not yet explored year-end tax planning should take an immediate inventory of their situation and develop a year-end 2018 tax strategy. Our office is ready to … Read More

2018 Individual Tax Planning

December 6, 2018By KROST

As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Year-end planning for 2018 takes place against the backdrop of the new 2017 Tax Cuts and Jobs Act that make major changes in the … Read More

M&A Video Series – Part 1 of 4

November 12, 2018By KROST

KROST can assist in the mergers and acquisitions process, whether your company is selling, buying, financing or re-capitalizing, to ensure your goals are met. Whether it is strategy, planning, or execution, our comprehensive process and hands-on services provide companies, management, and shareholders with step-by-step guidance, from pre-planning to the finish line and beyond. No matter … Read More

Beyond the Assembly Line: Benefits of Tech Trends in Manufacturing

October 30, 2018By KROST

Below is a preview of one of the articles in the new issue, “Beyond the Assembly Line: Benefits of Tech Trends in Manufacturing” by Mara Garcia: Beyond the Assembly Line: Benefits of Tech Trends in Manufacturing The Association of Equipment Manufacturers listed five manufacturing trends to note in 2018; the internet of things, industry 4.0, … Read More