YOUR SUCCESS IS OUR BOTTOM LINE
Ready to Get Started?
Contact us if you need additional information or have questions about our services offerings. Our dedicated team is happy to help.
Tax and accounting news and insights from subject matter experts
KROST is proud to announce the celebration of its 80th anniversary. Since 1939, the firm has assisted thousands of businesses and individuals to reach their financial goals through tax, accounting, and consulting services. KROST is headquartered in Pasadena, California with four strategic locations throughout Greater Los Angeles. In 2018, KROST experienced outstanding growth of 31.41% … Read More
Most restaurant operators are engaged in a battle from new tax laws that adversely impact sales, to protect margins from increasing labor costs and food prices, and accounting for the added cost of delivery (driven by increased demand). Most of these examples are areas that are beyond an operator’s control. However, there are opportunities in … Read More
KROST was recently featured in the Los Angeles Business Journal article, “KROST Adds West L.A. Accounting Firm to Roster”. Below is a teaser of the article. “Pasadena-based accounting and consultant firm Krost has purchased West L.A.-based Gaynor & Umanoff, according to the firms. Terms of the transaction were not disclosed. Chris Gaynor and Richard Umanoff, Gaynor … Read More
Below is a preview of one of the articles in the new KROST QUARTERLY Real Estate Issue, titled “Investor Alert: If You Have Not Heard of DSTs, Time to Take a Look” by Jonathan Louie, CPA. In Los Angeles, from September 2007 to May of 2009, the cost of real estate declined by 60%, driving … Read More
Los Angeles, California – February 7, 2019 – Los Angeles-based tax, accounting, and consulting firm, KROST, recently promoted So Sum Lee, CPA to Principal. So Sum, an industry veteran, who has 20 years of experience in tax and accounting, specializes in matters relating to real estate, restaurants, technology, entertainment and wholesale. So Sum joins seven … Read More
Below is a preview of one of the articles in the new KROST Quarterly Real Estate Issue, titled “Section 45L Tax Credits: The Most Overlooked Tax Credit for Residential Developers” by Brandon Val Verde. The §45L credit is a federal tax incentive for developers of apartments, condos, or spec homes that meet certain energy efficiency … Read More
Below is a preview of one of the articles in the new KROST QUARTERLY Real Estate Issue, titled “Can OZ Work for You?” by Keith Hamasaki, CPA If you’ve ever wanted to help revitalize an economically distressed community but couldn’t justify it economically to generate enough capital from investors, then the new Opportunity Zone Program … Read More
We are pleased to announce the merger of Gaynor & Umanoff, LLP with KROST CPAs and Consultants effective January 1, 2019. This new and exciting change will elevate our service model while maintaining our commitment to you, our clients. Two principals and two directors will join our leadership team, as well as 9 associates, growing … Read More
Our Accounting Director, Stacey R. Korman, CPA, MST, recently earned a certificate in AICPA’s Client Accounting Advisory Services course. We had the chance to sit down with Stacey to hear her experience. Q: What is Client Accounting and Advisory Services (CAAS)? Client Accounting and Advisory Services (CAAS) is a certificate program that has been developed … Read More
At KROST, we take cybersecurity seriously. As a CPA firm, we deal with large amounts of sensitive information daily. Understanding cybersecurity will help prevent malware attacks, phishing scams, system hacks and identity theft. We have taken steps to demonstrate our capabilities to manage cybersecurity threats. Assurance & Advisory Senior Manager, Keith Hamasaki, CPA, completed AIPCA’s … Read More
Award-Winning Work Since 1939
Whether you need a specific service such as tax or accounting, or an advisor to guide you through the complexities of your finances for months or years, we have you covered. Our service model is one of flexibility that gives you the control. Whatever your tax, accounting, or consulting needs may be, you can trust KROST. That's why we've been named INSIDE Public Accounting's Best of the Best Firm for two years running.
Why Choose KROST?
Nationally Recognized, Award-Winning Firm
Specialized Industry Expertise
Robust Suite of Services Offered