Sports & Entertainment Insights

How to Maintain Cashflow During The WGA Strike
July 28, 2023At KROST and KROST Wealth, we have many clients engaged in the entertainment industry who lean on

KROST is Attending the Trusted X LA Technology Summit
June 8, 2023Our Sports & Entertainment industry professionals, Stacey Korman, Brad Pauley, Alan Lo, and Andrea Bonilla, are attending

Loan-Out Corporations – Maximizing Tax Savings & Financial Flexibility for Sports & Entertainment Professionals
June 7, 2023Loan-out corporations are widely used by sports and entertainment professionals as a tax and financial strategy. These

Do’s and Don’ts of California Non-Residency
August 23, 2022There are many factors in determining whether you are a California resident. However, if you’re looking to

Tax Changes for the Entertainment Industry
October 21, 2021This is one of the articles in the KROST Quarterly Sports & Entertainment Issue, titled “Tax Changes

Los Angeles Based CPA Firm Announced New Principal, Stacey R. Korman, CPA, MST
February 9, 2021Pasadena, CA. – KROST CPAs and Consultants, the Los Angeles based firm, has announced a new Principal,

COVID-19 and the Sports & Entertainment Industry
October 7, 2020Ronique Davis, one of KROST’s Sports & Entertainment Industry experts, recently attended the Entertainment Industry Virtual Conference

IRS to Audit High-Income Tax Returns
August 26, 2020The IRS announced on June 18th that they will be looking at hundreds of high-income tax returns

A Rare Day x KROST CPAs
February 28, 2020We are thrilled to announce that we are partnering with The Be Rare Foundation for their 3rd

Loan-Out Corporations: To Be or Not To Be
November 20, 2019This is a preview of one of the articles in the new KROST Quarterly Sports & Entertainment

5 Tips for Choosing the Right Business Manager
November 5, 2019This is a preview of one of the articles in the new KROST Quarterly Sports & Entertainment

Qualified Business Income Deduction and the Entertainment Industry
October 29, 2019This is a preview of one of the articles in the new KROST Quarterly Sports & Entertainment

Game-Changing Tax Matters for Athletes
October 23, 2019This is a preview of one of the articles in the new KROST Quarterly Sports & Entertainment

KROST Quarterly Magazine: The Sports & Entertainment Issue is Now Available!
October 14, 2019We are happy to announce the release of our newest quarterly magazine! The Sports & Entertainment Issue

Loan Out Corporations – To be or not to be?
February 27, 2018With the passing of the Tax Cuts and Jobs Act of 2017, many actors, writers, directors, and