Mabel Tan, CPA, MBT
SENIOR MANAGER — TAX
Mabel Tan is a Tax Senior Manager at KROST. Mabel started her career in public accounting in 2009. Prior to joining KROST, she worked at one of the Big Four accounting firms specializing in both federal and multi-state tax compliance and consulting for primarily pass-through entities and some corporate entities. Mabel's client experiences include private equity funds, closed-end funds, and fund of funds in the investment management industry, as well as serving other financial institutions in the financial services industry.
Mabel is a Certified Public Accountant. She received her Master of Business Taxation and Bachelor of Science in Accounting from the University of Southern California.
Mabel enjoys traveling, food tasting, and spending time with her family.
Professional Experience
- KROST, Senior Tax Manager (2021 — Present)
Education
- Master of Business Taxation, University of Southern California
- Bachelor of Science in Accounting, University of Southern California
Tax Thought Leadership

Types of Trusts
May 11, 2022In the last article in our series, we covered the benefits a trust offers for creators and beneficiaries. In this article, we’ll dive into more detail about the types of trusts that can be established and the pros and cons. Types of Trusts Revocable Trusts Revocable trusts (living trusts) can be changed or canceled at Read the full article…

Delays Continue – The IRS, the California Franchise Tax Board, and Tax Software
March 10, 2022There are so many tax reporting deadlines and for the past two years, every time we came closer to the next deadline, there was some reason (beyond our control) for delays. Coming into this tax season, we were hopeful that things would be better. With reasons beyond our control, we are expecting more delays. There Read the full article…

AB150 Update – What do I do Now?
February 25, 2022As previously communicated, recent updates to the State and Local Tax (SALT) workaround issued by the State of California, clarified some of the more troubling provisions of this law. This update should allow taxpayers to take advantage of the new deduction opportunity. The election and payment for 2021 are due by March 15th. The deduction Read the full article…

Get Organized with KROST’s Will & Trust Asset Legacy Planner
February 25, 2022Please note the following updates for 2022 Estate and Gift Exclusions: Estates of decedents who passed away during 2022 have a basic exclusion amount of $12,060,000, up from a total of $11,700,000 for estates of decedents who passed away in 2021. The annual exclusion for gifts increases to $16,000 for the calendar year 2022, up Read the full article…

Updated Tax Provisions: Corrections to Issues Related to Assembly Bill 150 (AB150)
February 14, 2022On February 9, 2022, the California Governor signed Senate Bill 113 (SB113). SB113 addresses numerous tax provisions, including correction to issues related to Assembly Bill 150 (AB150). AB150 allowed certain owners of qualified passthrough entities to work around the individual $10,000 federal limit on SALT deductions by paying a new elective state pass-through entity (PTE) Read the full article…

More on the State Tax Deduction Workaround (AB 150)
December 22, 2021Over the weekend, we received clarification regarding a couple of the many unanswered questions regarding the implementation of the State Tax Deduction Workaround. First, we are being advised that a Grantor Trust is eligible to participate in making the election to pay tax on a partnership/LLC or S corporation. Second, since it is unlikely that Read the full article…

Advantages of Trusts for Estate Planning
December 20, 2021In the first article in this series, we covered what a trust is and the type of assets you may transfer to a trust. As a reminder, a trust is a legal agreement between two parties: the trustee and the trustor (sometimes called the settlor or grantor). The trustor is the person who establishes the Read the full article…

Did You Miss Your State Tax Deduction?
December 16, 2021If you are a shareholder of an S Corporation, partner/member of a partnership/LLC, you might be able to get some of your state tax deduction back. As you may remember, the federal Tax Cuts and Jobs Act reduced the amount of the SALT deduction individuals can claim on their federal tax return to $10,000 starting Read the full article…

Tax-Saving and Advisory Services for the Real Estate Industry
November 30, 2021The real estate market can be volatile, full of risks and challenges. Real estate professionals should enlist an expert to ensure compliance and navigate the specifics of real estate tax and accounting. At KROST, we provide specialized real estate accounting services to a diverse range of clients in the real estate industry, including developers and Read the full article…

KROST Recognizes New CPA Licensees at the CalCPA LA Chapter ABC Networking Mixer 2021
November 24, 2021KROST recognized our new CPA licensees at the CalCPA LA Chapter ABC Networking event on November 18th at the Luxe Hotel on Sunset in Hollywood. Our M&A and Capital Markets Practice Leader, Paren Knadjian was invited on the M&A panel to talk about succession planning for CPA firms and practices. Congratulations to: Shelby Anna Brennan, Read the full article…