We are happy to announce the release of our newest quarterly magazine! The Hospitality Issue highlights some of the hot topics in the hospitality industry including tax credit for new employees, double-dipping, lease provisions, and HR solutions. What You’ll Find Inside this Issue: Tax Credit for Hiring New Employees By Kimberly Hoang, CPA A Win Read the full article…
KROST Quarterly Magazine
5 Powerful and Innovative Software Tools for Your Team
This is one of the articles in the KROST Quarterly Technology Issue, titled “5 Powerful and Innovative Software Tools for Your Team.” Today, more than ever, companies are looking for powerful tools to make decisions and drive innovation during these uncertain times. In some instances, innovation is needed to keep track of sales or tasks Read the full article…
2021 Tax Planning for Tech Companies: Employee Retention and R&D Credits
This is one of the articles in the KROST Quarterly Technology Issue, titled “2021 Tax Planning for Tech Companies: Employee Retention and R&D Credits.” In 2021, technology companies have a unique opportunity to claim both R&D Tax Credits for qualified research and Employee Retention Tax Credits (ERTC) for maintaining employees during the pandemic, with one Read the full article…
KROST Quarterly Magazine: The Technology Issue, Vol 4, Issue 2, is Now Available!
We are happy to announce the release of our newest quarterly magazine! The Technology Issue highlights some of the hot topics in the technology industry including Client Accounting Services (CAS), Nonfungible Tokens, the Effect of Upcoming Changes to IRC Section 174 on the Software Development Industry, and more. What You’ll Find Inside this Issue: Nonfungible Read the full article…
Going Green for the Green: Federal Tax Incentives for Energy Efficient Building
This is one of the articles in the new KROST Quarterly Real Estate Issue, titled “Going Green for the Green: Federal Tax Incentives for Energy Efficient Building” by So Sum Lee There are several tax incentives available to the real estate industry. Whether you invest in, build, design, or make significant renovations to real estate, a Read the full article…
Qualified Improvement Property (QIP) Technical Correction and Bonus Depreciation
This is a preview of one of the articles in the new KROST Quarterly Real Estate Issue, titled “Qualified Improvement Property (QIP) Technical Correction and Bonus Depreciation” by Elvira Frencillo and So Sum Lee The coronavirus has turned the world upside down. It has cost so many lives and caused agony to individuals and businesses. To Read the full article…
Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies
This is one of the articles in the KROST Quarterly Manufacturing Issue, titled “Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies” by Guest Contributor, Michael Maroney. As history has shown us, difficult times can spark a renaissance of innovation and creativity. With the continued impact of the Coronavirus on American businesses, Read the full article…
Opportunity Zones and Cost Segregation
This is a preview of one of the articles in the new KROST Quarterly Real Estate Issue, titled “Opportunity Zones and Cost Segregation” by Guest Contributor Artur Babaian Opportunity Zones are garnering increased interest across the country. Created by the Tax Cuts and Jobs Act (TCJA) in December 2017, taxpayers who meet the requirements for investing Read the full article…
KROST Quarterly Magazine: The Financial Services Issue is Now Available!
We are happy to announce the release of our newest quarterly magazine! The Financial Services Issue highlights some of the hot topics in financial services including Section 1244 claims, the Lender Management, LLC case study, research & development, waterfall calculations, IRC Section 1061, and FinTech trends. What You’ll Find Inside this Issue: Section 1244: Claiming Read the full article…
A Deeper Dive into the Unintended Consequences of the Proposed Section 1031 Regulations
This is a preview of one of the articles in the new KROST Quarterly Real Estate Issue, titled “A Deeper Dive into the Unintended Consequences of the Proposed Section 1031 Regulations” by Jonathan Louie In 2017, the Tax Cuts and Jobs Act (TCJA) amended Internal Revenue Code (IRC) Section 1031 to limit nonrecognition treatment to exchanges Read the full article…