Manufacturing & Distribution Insights

Manufacturing Companies Beware: CCPA May Impact Your Business

Manufacturing Companies Beware: CCPA May Impact Your Business

January 20, 2021

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…

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

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

November 10, 2020

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…

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

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

September 10, 2020

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

Accounting for PPP Loans and Forgiveness

September 2, 2020

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…

KROST Quarterly Magazine: The Manufacturing Issue is Now Available!

KROST Quarterly Magazine: The Manufacturing Issue is Now Available!

July 28, 2020

We are happy to announce the release of our newest quarterly magazine! The Manufacturing Issue highlights some of the hot topics in manufacturing, including accounting for PPP, transfer pricing, Foreign-Derived Intangible Income (FDII), R&D tax credits, and more. What You’ll Find Inside This Issue: Accounting for PPP Loans and Forgiveness by Keith Hamasaki, CPA Manufacturers Read the full article…

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

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

November 4, 2019

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 the full article…

Beyond the Assembly Line: Benefits of Tech Trends in Manufacturing

Beyond the Assembly Line: Benefits of Tech Trends in Manufacturing

October 30, 2018

Below is a preview of one of the articles in the new issue, “Beyond the Assembly Line: Benefits of Tech Trends in Manufacturing” by Mara Garcia: Beyond the Assembly Line: Benefits of Tech Trends in Manufacturing The Association of Equipment Manufacturers listed five manufacturing trends to note in 2018; the internet of things, industry 4.0, Read the full article…

This Often-Overlooked Federal Benefit Offers Unique Opportunity for Manufacturers

This Often-Overlooked Federal Benefit Offers Unique Opportunity for Manufacturers

October 16, 2018

Below is a preview of one of the articles in the new issue, “This Often-Overlooked Federal Benefit Offers Unique Opportunity for Manufacturers” by Guest Contributor Michael Maroney, Senior Manager – R&D Tax Credit Services: This Often-Overlooked Federal Benefit Offers Unique Opportunity for Manufacturers With the R&D Tax Credit now permanent, businesses are taking full advantage Read the full article…

Trade Wars: A Whole New World

Trade Wars: A Whole New World

October 2, 2018

Below is a preview of one of the articles in the new issue, “Trade Wars: A Whole New World” by Keith Hamasaki, CPA. Trade Wars: A Whole New World Another week, another new list of potential tariffs on imported manufactured products. If you’re manufacturing in China, Europe, Canada, or Mexico the potential trade war will Read the full article…

IC-DISC Tax Savings on Export Goods or Services

IC-DISC Tax Savings on Export Goods or Services

October 1, 2018

Below is a preview of one of the articles in the new issue, “IC-DISC Tax Savings on Export Goods or Services” by Evelyn Fernandez, CPA, MST: Interest‐Charge Domestic International Sales Corporation (IC‐DISC) is quite a mouthful, which may be a reason why most people don’t know about this tax incentive. Thousands of businesses are not Read the full article…

KROST Quarterly: Manufacturing Issue Now Available – Cybersecurity, Tax Incentives, Transactions, Trends and More

KROST Quarterly: Manufacturing Issue Now Available – Cybersecurity, Tax Incentives, Transactions, Trends and More

September 20, 2018

We are happy to announce the release of our second quarterly magazine! The Manufacturing Issue highlights some of the hot topics in manufacturing including cybersecurity, tax benefits and incentives, technological advances in manufacturing, and trends. What You’ll Find Inside this Issue: Manufacturers Beware: The Continued Threat of Cybersecurity Breaches, Hacking & Malware by Keith Hamasaki, CPA Read the full article…