Press Release: KROST Partners with 1st Global to Bring Clients Tax-Optimized Financial Advice

October 8, 2018By KROST

Award-Winning Accounting and Consulting Firm Expands to Offer Holistic Wealth Management to Clients PASADENA, Calif. — Sept. 18, 2018 — KROST, a full-service certified public accounting and consulting firm based in Southern California, today announced a partnership with 1st Global to add wealth management services to its expansive suite of client offerings. KROST will combine … Read More

State of Accounting – Points of View from the Accounting Leaders’ Desks. The Future of the CPA Profession: What Firms Need to Do to Keep Up

August 31, 2018By KROST

It’s such an amazing but unsettling time to be in our profession. Over the next several years, the accounting industry will look quite different due to technological advances. Many of the things we are doing today will be done significantly different down the road. When I look back over the last 30+ years, there have … Read More

INSIDE Public Accounting has Awarded KROST 5 Recognitions

July 26, 2018By KROST

We are proud to announce that INSIDE Public Accounting has awarded KROST 5 recognitions based on the 2018 annual INSIDE Public Accounting Survey and Analysis of Firms: A 2018 IPA Best of the Best Firm. A 2018 IPA Best of the Best Fastest-Growing Firm. A 2018 IPA 200 Firm. A 2018 IPA 200 Fastest-Growing Firm. … Read More

What You Need to Know About Cybersecurity

July 25, 2018By KROST

We recently published our new KROST Quarterly Magazine which is packed full of articles and insider knowledge focusing on tech topics. Here is an excerpt from the article “What You Need to Know About Cybersecurity” by our Principal and Assurance & Advisory Practice Leader Jason C. Melillo: “All too often we read headlines about major … Read More

KROST Named as Fourth Fastest Growing Firms 2018

July 3, 2018By KROST

Pasadena, California, July 3, 2018 – Award-winning, local accounting and consulting firm, KROST, was recently named as one of the “The fastest-growing firms in the US”. This is the annual recognition program conducted by Accounting Today. This report ranks the largest firms across the country and in individual regions offers a host of benchmarking data, … Read More

KROST Quarterly Magazine: The Tech Issue – Volume 1, Issue 1

May 17, 2018By KROST

We are happy to announce the release of our first quarterly magazine! KROST Quarterly is a digital publication released by KROST CPAs & Consultants headquartered in Pasadena, California. The Tech Issue covers technology and accounting related topics from cryptocurrency to artificial intelligence.   Please click the link below to access the full version and subscribe … Read More

QSBS Questionnaire

February 1, 2018By KROST

The stock of a qualified small business is known as a Qualified Small Business Stock (QSBS). The stock needs to be issued by a domestic C corporation that does not have more than $50 million of gross assets as of the date the stock was issued and immediately thereafter to qualify. The benefit of QSBS … Read More

How to Co-ordinate Cost Segregation with Like-kind Exchange

January 23, 2018By KROST

The Tax Cuts and Jobs Act (TCJA) was signed by the President on December 22, 2017. The TCJA is the most significant overhaul of Internal Revenue Tax code since the 1986 Tax Act under President Reagan. The Committee Report has over a thousand pages of modifications to many areas of the tax code. One piece … Read More