2022 Year-End Tax Planning Strategies for Businesses

December 12, 2022By David Ha

In the last few months of the year, it is important to consider year-end tax planning opportunities as many may provide both immediate and long-lasting financial benefits. This year has brought incredibly unique challenges and significant change. Businesses that have not yet explored year-end tax planning should take an immediate inventory of their situation to Read the full article…

Client Spotlight: Nickel Diner

December 1, 2022By Stacey Korman, CPA, MST

This is one of the articles in the KROST Quarterly Hospitality Issue, titled “Client Spotlight: Nickel Diner” by Stacey Korman, CPA, MST We had the opportunity to interview our clients, Kristen Trattner and Monica May, co-owners of Nickel Diner. We gained insight into their experience founding the diner and navigating challenges during the pandemic. They Read the full article…

The State of California is Poised to Overtake Germany as World’s No. 4 Economy

October 31, 2022By Paren Knadjian

California residents are used to hearing, and oftentimes experiencing, negative consequences for living in the Golden State. Whether it be earthquakes, forest fires, homelessness, or drought, we also seem to be surrounded by a stream of news about businesses fleeing California for the lower tax and regulation-lite states of Texas, Nevada, or Arizona. However, contrary Read the full article…

The CalCPA LA Chapter To Host a Celebration Event

August 10, 2022By KROST CPAs

The CalCPA Los Angeles Chapter will be hosting an event on Thursday, August 18, 2022, to celebrate the newly licensed CPAs. This exclusive event is located at the W Hollywood with free admission for all new licensees. CalCPA is extending the invite to anyone who wants to celebrate, network, and be surrounded by top attractions Read the full article…

Making a Difference

June 29, 2022By Keith Hamasaki

One of the most eye-opening experiences I ever had in my professional career was within the first two months of starting my public accounting journey. Let me set the stage. It was the end of busy season, everyone was tired and we saw a partner walking over. Immediately we thought we’d receive more work, but Read the full article…