Press Release – KROST Announces Greg Kniss as Chairman of the Board, Jason Melillo as CEO and Keith Hamasaki as Principal of Assurance and Advisory

February 4, 2022By KROST CPAs
Press Release – KROST Announces Greg Kniss as Chairman of the Board, Jason Melillo as CEO and Keith Hamasaki as Principal of Assurance and Advisory

LOS ANGELES, CA [Feb 4, 2022] — Los Angeles-based CPA Firm, KROST CPAs and Consultants announced that Greg Kniss has been appointed to Chairman of the Board, Jason Melillo promoted as the new CEO, and Keith Hamasaki to Principal of Assurance & Advisory services. Greg Kniss has been actively involved with the firm’s business consulting Read the full article…

Manufacturing Companies Beware: CCPA May Impact Your Business

January 20, 2021By Anna Chen
Manufacturing Companies Beware: CCPA May Impact Your Business

This is one of the articles in the KROST Quarterly Manufacturing Issue, titled “Manufacturing Companies Beware: CCPA May Impact Your Business” by Keith Hamasaki, CPA. The California Consumer Privacy Act (“CCPA”) is a comprehensive framework to protect California residents (consumers). Effective January 1, 2020, data protection became a California requirement for businesses. All businesses that Read the full article…

Innovation, Positivity, and Evolution: How Three Businesses are Navigating the Pandemic

November 17, 2020By Anna Chen
Innovation, Positivity, and Evolution: How Three Businesses are Navigating the Pandemic

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled “Innovation, Positivity, and Evolution: How Three Businesses are Navigating the Pandemic” with Serrano Industries, Inc., Drop Labs & LumaForge. For insight into how manufacturers and businesses that rely heavily upon supply chains have been impacted by COVID-19, we Read the full article…

Navigate the Complex Issues in Manufacturing & Distribution with KROST’s Industry Experts

November 10, 2020By Keith Hamasaki
Navigate the Complex Issues in Manufacturing & Distribution with KROST’s Industry Experts

KROST has extensive experience in the manufacturing and distribution industry. Our team of experts has experience servicing clients in various sectors such as aerospace and defense, automotive and transportation, consumer products, food and beverage, industrial parts, wholesale distribution, and more. Manufacturing and distribution clients rely on our suite of services, specifically catered to their needs. Read the full article…

Manufacturers with International Operations Should Expect a Tax Bill – Pandemic or Not

October 20, 2020By Anna Chen
Manufacturers with International Operations Should Expect a Tax Bill – Pandemic or Not

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled “Manufacturers with International Operations Should Expect a Tax Bill – Pandemic or Not” by Guest Contributor, Alex Martin. Governments with pressing needs for revenue will target multinationals. Here’s how to mitigate the risk. According to the Center for Read the full article…

Foreign-Derived Intangible Income (FDII) Can Increase Cash Flow for Manufacturing Companies and Distributors with Global Operations

September 10, 2020By Evelyn Fernandez
Foreign-Derived Intangible Income (FDII) Can Increase Cash Flow for Manufacturing Companies and Distributors with Global Operations

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled “Foreign-Derived Intangible Income (FDII) Can Increase Cash Flow for Manufacturing Companies and Distributors with Global Operations” by Evelyn Fernandez, CPA, MST. The Tax Cuts and Jobs Act (TCJA) included several tax changes relating to the US taxation of Read the full article…

Accounting for PPP Loans and Forgiveness

September 2, 2020By Keith Hamasaki
Accounting for PPP Loans and Forgiveness

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled “Accounting For PPP Loans and Forgiveness” by Keith Hamasaki, CPA. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed by President Trump to help keep small businesses afloat amid the mandated COVID-19 related closures. The CARES Read the full article…