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    Featured Insights

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Understanding Deductibility of Interest Expense and Simplifying The Interest Tracing Rule

June 21, 2023By So Sum Lee
Understanding Deductibility of Interest Expense and Simplifying The Interest Tracing Rule

As most people know, not all interest that an individual pays is deductible. A common misconception about

Meet Our Experts

Greg GREGORY A. KNISS, CPA Chairperson Button with arrow Greg Kniss Jason JASON C. MELILLO, CPA CEO Button with arrow Jason Melillo Lou LOU GUERRERO, CPA, MBT Principal - Tax Practice Leader Button with arrow Lou Guerrero So Sum SO SUM LEE, CPA Principal - Tax Button with arrow So Sum Lee Grant GRANT MILLER, CPA, EA Principal - Tax Button with arrow Grant Miller Richard RICHARD UMANOFF, CPA, MBA Principal - Estate & Gift, Trust & Probate Button with arrow Richard Umanoff Doug DOUGLAS A. VENTURELLI, ESQ. Principal - Estate & Gift, Trust & Probate Button with arrow Douglas Venturelli Evelyn EVELYN FERNANDEZ, CPA, MST Principal - Tax Button with arrow Evelyn Fernandez Brad BRAD PAULEY, CPA Principal - Tax Button with arrow Brad Pauley Matt MATTHEW WEBER, CPA, MAcc Principal - Tax Button with arrow Matt Weber Aric ARIC WONG, CPA, MBT Director - Tax Button with arrow Aric Wong Elvira ELVIRA FRENCILLO, CPA Senior Manager - Tax Button with arrow Elvira Frencillo Nara NARA VOSKANYAN, CPA Senior Manager - Tax Button with arrow Nara Voskanyan Alan ALAN LO, CPA Manager - Tax Button with arrow Alan Lo David DAVID HA, CPA Manager - Tax Button with arrow David Ha Kimberly KIMBERLY HOANG, CPA Manager - Tax Button with arrow Kimberly Hoang Chris CHRISTOPHER KOCHIYAMA, CPA Manager - Tax Button with arrow Christopher Kochiyama Ronique RONIQUE DAVIS, CPA Manager - Tax Button with arrow Ronique Davis
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Accountants | Assurance & Advisory | Consultants | CPAs – KROST CPAs & Consultants is a certified public accounting and consulting firm focused on serving companies across Southern California (CA) with offices in Pasadena, Woodland Hills, and West LA. Since 1939, KROST has assisted businesses and individuals reach their financial goals through their in-depth knowledge of Tax, Accounting, Client Accounting Services (CAS), Assurance and Advisory, Fund Admin Solutions, KROST Business Intelligence (KBI), M&A, Wealth Management, and Consulting Services. KROST also provides specialty tax services such as Cost Segregation studies, R&D tax credits, Green Building Tax Incentives, Repair vs. Capitalization, Fixed Asset, IC-DISC, and more. For additional information contact us at 626-449-4225.