FAQs – Employee Retention Credit (ERTC)

February 5, 2021By Anna Chen

The Employee Retention Credit (ERTC) was created as part of the CARES Act to encourage businesses to continue paying employees by providing a credit to the eligible employer for wages paid to eligible employees. The ERC could be a valuable alternative for those who did not qualify for PPP and other emergency loans. We have Read the full article…

[Second Session] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process Webinar

January 26, 2021By Anna Chen

Paren Knadjian (Practice Leader, M&A, and Capital Markets), Stacey Korman, CPA (Principal), Sossi Bekarian, CPA (Senior Manager), and Jeff Kamin, CPA (Manager, Accounting, ERTC) hosted a second session on the PPP Second Draw Program & Employee Retention Credits webinar. They reviewed the details of the recently passed Coronavirus Response & Relief Supplemental Appropriations Act including: Read the full article…

Manufacturing Companies Beware: CCPA May Impact Your Business

January 20, 2021By Anna Chen

This is one of the articles in the KROST Quarterly Manufacturing Issue, titled “Manufacturing Companies Beware: CCPA May Impact Your Business” by Keith Hamasaki, CPA. The California Consumer Privacy Act (“CCPA”) is a comprehensive framework to protect California residents (consumers). Effective January 1, 2020, data protection became a California requirement for businesses. All businesses that Read the full article…

Sales Tax and Economic Nexus

January 13, 2021By Anna Chen

These days, anybody who sells goods or provides services to somebody outside of their home state should ask themselves, “Do I need to collect sales tax?” The correct answer is always, “Good question!” However, the best way to get a useful answer is to start with a concept closely related to sales tax, namely “use Read the full article…

[WEBINAR] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process

January 13, 2021By Anna Chen

Paren Knadjian (Practice Leader, M&A, and Capital Markets), Stacey Korman, CPA (Principal), Sossi Bekarian, CPA (Senior Manager), and Jeff Kamin, CPA (Manager, Accounting, ERTC) will host a free webinar on the PPP Second Draw Program & Employee Retention Credits. They will review the details of the recently passed Coronavirus Response & Relief Supplemental Appropriations Act Read the full article…

Register for Upcoming Webinar with the CRA: PPP Second Draw Program – Rules for Eligibility and Forgiveness

January 8, 2021By Anna Chen

Jean Hagan (Principal, Restaurant / Business Management) and Paren Knadjian (Practice Leader, M&A, and Capital Markets, PPP Forgiveness) are hosting a free webinar with the California Restaurant Association (CRA), on the PPP Second Draw Program. Join our restaurant accounting and consulting experts on Thursday, January 14th at 10AM PT as they provide an in-depth look Read the full article…

Register for Upcoming Webinar – PPP Second Draw Program & Other Key Provisions of the COVID-19 Relief Bill

January 6, 2021By Anna Chen

Jean Hagan (Principal, Restaurant / Business Management) and Paren Knadjian (Practice Leader, M&A, and Capital Markets, PPP Forgiveness) are hosting a free webinar with Kristi Turner, CMO of Compeat Restaurant Management Software, on the PPP Second Draw Program. Join our restaurant accounting and consulting experts on Wednesday, January 13th at 1PM CT as they provide Read the full article…