We are happy to announce the release of our newest quarterly magazine!

The Financial Services Issue highlights some of the hot topics in financial services including Section 1244 claims, the Lender Management, LLC case study, research & development, waterfall calculations, IRC Section 1061, and FinTech trends.

What You’ll Find Inside this Issue:

  • Section 1244: Claiming Ordinary Losses for Sales of Qualified Small Business Stock By Matthew Weber, CPA, MAcc
  • Lender Management, LLC Tax Case Study By Adrian Ong, CPA; Frank Xu, CPA; and Adam Saad
  • Research and Development in the Financial Services Industry By Guest Contributor Kurt Pfisterer
  • Waterfall Calculation By Rebecca Hickle
  • IRC Section 1061: Partnership Interests Held in Connection with the Performance of Services By Matthew Weber, CPA, Macc and Randoll Poe
  • FinTech Trends By Paren Knadjian

Introducing KROST’s Financial Services Team:

Gregory Kniss CPA - Los Angeles CPAGregory A. Kniss, CPA, Managing Principal
Tax, Tax Specialty Services, Financial Services Sector
Gregory Kniss, CPA, is Managing Principal of KROST. Greg has been actively involved with the firm’s business consulting and Tax practice for over 37 years. Early in his career, Greg expanded and later became the Principal in charge of the firm’s Restaurant industry practice. Over the years, it became the firm’s largest industry niche. » Full Bio

Lou GuerreroLou Guerrero, CPA, MBT, Principal
Tax, Tax Specialty Services, Financial Services Sector
Luis (Lou) A. Guerrero, CPA, MBT is Vice President of KROST CPAs and Consultants. As the Tax Practice department leader for KROST, Lou is responsible for the overall tax function of the firm and specializes in clients in the Financial Services sector (hedge funds, money managers, private equity), family office and high net worth individuals, Real Estate, Food Service (restaurants and related), Technology (including manufacturing and distribution) and professional service firms. » Full Bio

Stacey Korman, CPA - Los Angeles CPAStacey Korman, CPA, MST, Principal
Accounting, Sports & Entertainment
Stacey Korman is the Accounting Principal at KROST. She is a key member of our advisory team and is a trusted consultant. Stacey has extensive experience in assurance, advisory, and accounting services, with an emphasis on middle-market companies and high net worth individuals. She has spent her career managing audits, reviews, and compilation engagements. » Full Bio

Matt Weber - Los Angeles CPAMatthew Weber, CPA, MAcc, Senior Manager
Tax, Financial Services Sector, Hospitality
Matthew Weber is a Senior Tax Manager at KROST. He has been with the firm’s tax practice since July 2015 and has worked in public accounting since 2010. Before joining the firm, Matthew was a Tax Manager at PricewaterhouseCoopers in Los Angeles. Matthew’s areas of expertise include federal and multi-state tax compliance and consulting for individuals, corporations, and partnerships. » Full Bio

Philip Clark, CFP® - Los Angeles CFP®Philip Clark, CFP®, Director
Wealth Management
Phil joined KROST, a tax and accounting firm based in Greater Los Angeles, as their Director of Wealth Management for their newly formed practice KROST Wealth. In his new role, Clark focuses on Financial Planning for business owners, Hollywood professionals, executives, and affluent families with a mission to create opportunity and add value to his clients’ lives. » Full Bio

Read the full magazine »

Find out more about our services for the Financial Services industry