KROST’s Restaurant Practice Leader, Jean Hagan, is attending the National Restaurant Association Show on May 18th – 21st. The conference will be held at McCormick Place in Chicago, Illinois. The exclusive four-day event is packed with learning sessions, networking, innovative forums, exhibitor booths, educational speaker sessions, and more. KROST is committed to serving the food Read the full article…
KROST’s Assurance & Advisory Senior Manager, Rebecca Hickle, CPA, has been nominated for the CalCPA Women to Watch: Emerging Leader award! This year, there are 47 nominees and three award categories, including Emerging Leader, Experienced Leader, and Trailblazer of the Year. The annual recognitions honor outstanding women making an impact in the profession and industry. Read the full article…
KROST’s M&A and Capital Markets Principal, Paren Knadjian, will be attending DealMAX in Las Vegas, Nevada, from April 28th to May 1st. The event brings together high-performing leaders and high-quality targets in one place, allowing for many opportunities to efficiently identify and connect with others. The four-day conference will include one-on-one meetings with M&A professionals, Read the full article…
KROST’s Restaurant Practice Leader, Jean Hagan, is attending the Restaurant Leadership Conference on April 14th – 17th. The conference will be held at the JW Marriott Pheonix Desert Ridge Resort & Spa in Phoenix, Arizona. The exclusive four-day event is packed with learning sessions, networking, innovative forums, exhibitor booths, educational speaker sessions, and much more. Read the full article…
It is helpful for taxpayers with rental properties to know the rules and regulations about deductible rental losses. Understanding the difference between active participation and material participation is crucial as these two terms play a big role in determining the deductibility of rental losses. In general, rental activity is considered a passive activity that creates 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…
Our Marketing Director, Anna Chen, is attending the INBOUND 23 conference at the Boston Convention & Exhibition Center. The event will run from September 5th – 8th and is designed for marketers, sales professionals, entrepreneurs, business owners, and industry thought leaders. There are a variety of dynamic activities on the agenda, including keynote speeches, breakout Read the full article…
As most people know, not all interest that an individual pays is deductible. A common misconception about the deductibility of interest expense is that the deductibility follows how the loan is secured. However, this is not true. Just because you pull out a line of credit using your home as collateral does not mean that Read the full article…
Loan-out corporations are widely used by sports and entertainment professionals as a tax and financial strategy. These corporations offer a wide range of benefits to individuals, such as tax advantages and enhanced financial flexibility. Actors, athletes, musicians, and other high-income earners become an employee of the corporation, and the corporation is hired with services rendered Read the full article…
This article is written by our featured author, Chad Wiggins, who is a partner and co-founder of PulseOne. Chad discusses the benefits of outsourcing managed IT services, the cost of downtime, gaining access to the latest technology innovations, and more. Read Chad’s article below to learn more about IT Managed Service Providers. Gartner defines an Read the full article…
