Scott Eisner, CPA
PRINCIPAL - TAX
Problem-solving is a big part of what Scott Eisner does and of what clients need him to do. He takes a proprietary interest in their dealings and has no trouble making himself available 24 hours a day if necessary. It isn't a workaholic syndrome, he insists.
"It's a terrific thing when you're into what you're doing and know you can bring help and clarity to some pretty complex, sticky situations."
A member of the American Institute of Certified Public Accountants and California Society of Certified Public Accounting, Scott received his Bachelor of Science in Business Administration with a major in Accounting in 1978 and his California CPA Certificate in 1981. He'd been Senior Accountant with Arthur Anderson & Company before becoming an owner of BPEF&BB in 1989.
Professional Experience
• KROST, Tax Principal (January 2020 – Present)
• Partner, BPEF&BB
• Senior Accountant, Arthur Anderson & Company
Education
• Bachelor of Science in Business Administration with a major in Accounting
Professional Affiliations
• Member of California Institute of Certified Public Accountants
• Member of American Institute of Certified Public Accountants
Tax Thought Leadership

Los Angeles-Based CPA Firm Receives High Praise from Accounting Today
April 9, 2021Pasadena, CA. – KROST CPAs and Consultants, Los Angeles-based firm, receives two new accolades from Accounting Today, Top 100 Firms, and Fastest-Growing Firms in the U.S. KROST is a full-service certified public accounting and consulting firm serving clients across various industries in the areas of tax, accounting, consulting, assurance and advisory, M&A and capital markets, … Read More

Changes in Reporting Requirements for Foreign-Owned Domestic Disregarded Entities
March 22, 2021Foreign-owned domestic disregarded entities have not had filing requirements in the past unless an election was made to treat it as a corporation, known as “check the box.” Disregarded entities are most commonly single-member LLC (SMLLC). Generally, income tax and reporting requirements would not be reported separately. Rather, they would have been reportable on the … Read More

IRS Extends Tax Filing Deadline for Individuals to May 17th
March 18, 2021The Internal Revenue Service has postponed the April 15 tax payment and filing deadline for individuals to May 17, allowing more time to file your 2020 Federal Form 1040 income tax return. California conforms to the federal change and many other states to follow the IRS lead. The recent $1.9 trillion COVID-19 relief bill signed … Read More

Form 5471 – Reporting Ownership in Foreign Corporations
March 16, 2021You may be required to file Form 5471, “Information Return of U.S. Persons with Respect to Certain Foreign Corporations,” if you have ownership in a foreign corporation. Form 5471 is becoming increasingly important for U.S. taxpayers with interest in a foreign corporation regardless of location. Determining who needs to file Form 5471 can be a … Read More

Expatriation Exit Tax
February 24, 2021US citizens living abroad and foreign nationals residing in the US are renouncing their citizenship in a record-breaking fashion. During the first three quarters of 2020, the IRS published 5,045 individuals who have made the ultimate decision to expatriate and formally cut ties with the United States. This amount is significantly higher than the numbers … Read More

Is the GILTI High Tax Exception a Benefit for Controlled Foreign Corporations?
February 23, 2021Navigating the ins and outs of US taxes as a US shareholder of a controlled foreign corporation (CFC) has been complex in the last couple of years due to changes in regulations from the IRS. Taxpayers need tax planning to determine the best strategy to mitigate the CFC’s tax liabilities. In 2019, the IRS and … Read More

Tips to Help People Choose a Reputable Tax Preparer
February 18, 2021The following article was written by the IRS. View the original source here: https://www.irs.gov/newsroom/tips-to-help-people-choose-a-reputable-tax-preparer Whether taxpayers regularly use a tax professional to help them file a tax return or they have decided to work with one for the first time, it is important to choose a tax return preparer wisely. Taxpayers are responsible for all the information … Read More

Estate Tax – Current Law, 2026, Biden Tax Proposal
February 15, 2021With the advent of the Tax Cuts and Jobs Act of 2017, the estate, gift, and generation skipping tax exemptions increased dramatically, but these changes were only temporary. With the Biden administration now in place and at least some Democratic control of the senate, there is added uncertainty that should be evaluated soon. It is … Read More

2020 vs. 2021 Employee Retention Credit Comparison Chart
January 19, 2021Old Law New Law Eligible Employers 2020 2021 Eligible employers can receive a refundable payroll tax credit of 50% of wages paid to employees between March 13th, 2020 and December 31st, 2020. No Change Eligible employers can receive a refundable payroll tax credit up to 70% of qualifying wages paid between January 1, 2021 and … Read More

California Proposition 19: Tax Changes
December 1, 2020California Proposition 19 passed with just over 51% of the vote in the general election on November 3rd and is expected to become law. This new law has two separate effective dates: February 16, 2021 – For beneficiaries of real estate that use the property as a primary residence. April 1, 2021 – For transferring … Read More