USA TODAY and Statista have named KROST one of America’s Most Recommended Tax Firms 2024! The recent collaboration between USA TODAY and Statista marks the first year the recognition is being presented. Statista conducted extensive research by surveying tax and accounting professionals and their clients. They were asked to recommend up to ten tax or Read the full article…
The accounting profession is currently amid a significant transformation, primarily attributed to the rapid emergence of artificial intelligence (AI). It has reshaped accounting in ways previously unimagined. In this article, we will examine the multifaceted influence of AI on the daily activities of Certified Public Accountants (CPAs). Many have used or at least heard of Read the full article…
In the world of financial transactions and business operations, staying compliant with tax regulations is essential. One often-overlooked yet critical aspect is the proper handling of Form W-9: Request for Taxpayer Identification Number and Certification. In this blog post, we’ll delve into the importance of Form W-9, its role in vendor payments, the types of Read the full article…
KROST is attending the second annual CalCPA Los Angeles & Inland Empire Mt. SAC Accounting Conference. The event is in partnership with Mt. San Antonio College, where the conference will be held on Saturday, November 18th, from 7:00am to 2:00pm. This is a perfect opportunity for college and university students to hear firsthand experiences from Read the full article…
PASADENA, CA – The Los Angeles Business Journal (LABJ) recognizes KROST CPAs & Consultants as one of the Top Fastest Growing Private Companies in 2023. The prestigious award is given each year to companies that have demonstrated outstanding growth in revenue, market share, and overall success in Los Angeles County. KROST has now been named the Top Fastest Read the full article…
LOS ANGELES, CA — Keith Hamasaki, CPA, Steve Chhuor, CPA, and Aric Wong, CPA, MBT, have been recognized as Top 100 Accountants by the Los Angeles Business Journal. In partnership with CalCPA, the LABJ will be hosting the second annual Top 100 Accountants event on November 8th, 2023, at the Intercontinental Los Angeles Downtown from Read the full article…
As the season starts to turn and we begin to plan for the upcoming holidays, now is the best time to prepare for the end of the year and the start of 2024. Individuals and businesses that are growing or in the start-up phase should review and evaluate the specific needs and goals for the Read the full article…
This is one of the articles in the KROST Industry Sports & Entertainment Issue, titled “Client Accounting Service Strategies for Success in the Sports & Entertainment Industry” by Stacey R. Korman, CPA, MST In the fast-paced and dynamic world of sports and entertainment, financial management plays a crucial role in the success of artists, performers, Read the full article…
As the scorching summer months approach, businesses across various industries are gearing up for a different kind of cleaning spree: record retention summer cleaning. With the sheer volume of documents accumulated over time, it can be overwhelming to navigate through the labyrinth of paperwork and determine which ones are important to keep and for how Read the full article…
Protecting your financial assets and ensuring the safety of your deposits are crucial considerations for individuals and businesses alike. In this article, we will dive into the benefits of IntraFi Network Deposits, a service designed to enhance the security of your deposits. Whether you’re looking to protect your personal savings, business funds, or any other Read the full article…
