Real Estate Market Update – January 2020

January 24, 2020By KROST

Presented by Philip Clark, CFP®, January 2020 As 2019 ended, home loans were cheaper than they were at the start of the year. Looking at Freddie Mac’s Primary Mortgage Market Survey, the average interest rate on a 30-year, fixed-rate mortgage was 3.74% on December 26, which was up from 3.68% a month earlier, but well … Read More

Business Tax Planning Ideas That May Help You Save Tax Dollars

January 23, 2020By KROST

The last few months of the year are important and year-end tax planning may allow you to change the entire course of your business. As 2020 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 … Read More

How Managing Food Waste Can Impact Your Profitability and the World Around You

December 19, 2019By KROST

Every day, restaurants around the country throw away thousands and thousands of pounds of food.1 Leftovers from guest plates, scraps from prepped items, leftover rice, potatoes, bread rolls, soups and a myriad of other items are routinely discarded in surprising bulk at the end of each shift. There are many inherent benefits to controlling food … Read More

Loan-Out Corporations: To Be or Not To Be

November 20, 2019By Douglas Venturelli, Esq.

This is a preview of one of the articles in the new KROST Quarterly Sports & Entertainment Issue, titled “Loan-Out Corporations: To Be or Not To Be” by Douglas Venturelli, Esq. with guest author Jonathan Louie, CPA. With the passing of the Tax Cuts and Jobs Act (TCJA) of 2017, many actors, writers, directors, and … Read More

Jean Hagan Brings Decades of Restaurant Operations Experience to the Culinary Institute of America as Newly Appointed Adjunct Professor

November 19, 2019By KROST

Jean Hagan, Principal of KROST CPAs & Consultants and leader of the firm’s restaurant consulting practice, has recently taken on an additional title as Adjunct Professor of Restaurant Operations and Management Strategies at the Culinary Institute of America (CIA). Her first course, Operations and Management Strategies for the Restaurateur, began this fall. Jean teaches the … Read More

Top 6 Resources for Taxpayers Who Donate to Charity

November 11, 2019By KROST

Taxpayers who donate to charity should check out the IRS’ resources to become aware of the tax regulations. Below are the top 6 IRS resources for taxpayers making donations: Tax Exempt Organization Search This tool can be used by taxpayers to find out if the organization they have contributed to qualifies as a charitable organization … Read More

5 Tips for Choosing the Right Business Manager

November 5, 2019By Stacey Korman, CPA, MST

This is a preview of one of the articles in the new KROST Quarterly Sports & Entertainment Issue, titled “5 Tips for Choosing the Right Business Manager” by Stacey Korman, CPA, MST. Professional actors, athletes, authors, and musicians have one thing in common: they are all typically high-net-worth individuals with complex financial needs. As a … Read More

Keith Hamasaki, CPA, Named Co-Chair of the PrimeGlobal Manufacturing & Distribution Special Interest Group

November 4, 2019By KROST

Los Angeles, California – November 4, 2019 – KROST’s Assurance & Advisory Director, Keith Hamasaki, CPA, has been appointed to Co-Chair of the PrimeGlobal Manufacturing & Distribution Special Interest Group (SIG). Keith has been a member of PrimeGlobal since he joined KROST in 2016. As the newly named Co-Chair, he is responsible for bringing together … Read More