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    Simplifying the complex.

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    Featured Insights

    California Changes Tax Legislation for Incomplete Non-Grantor Trusts

    September 18, 2023
    KROST Quarterly Magazine - S&E Issue Vol 5, Iss 2

    KROST Industry Magazine: The Sports & Entertainment, Vol. 5 Issue 2, is Now Available!

    September 15, 2023
    The Los Angeles Business Journal Appoints Keith Hamasaki as a Judge for the CFO Awards 2023

    The Los Angeles Business Journal Appoints Keith Hamasaki as a Judge for the CFO Awards 2023

    September 15, 2023
    The Restaurants Care Resilience Fund is Accepting Applications for Hollywood Strikes Hardship Grants

    The Restaurants Care Resilience Fund is Accepting Applications for Hollywood Strikes Hardship Grants

    September 14, 2023
    Aric Wong Joins KROST's Principal in Development Program

    Press Release: Aric Wong Joins KROST’s Principal in Development Program

    September 12, 2023
    Anna Chen is Attending INBOUND23

    Anna Chen is Attending INBOUND 23

    September 5, 2023

    California Changes Tax Legislation for Incomplete Non-Grantor Trusts

    September 18, 2023

    KROST Industry Magazine: The Sports & Entertainment, Vol. 5 Issue 2, is Now Available!

    September 15, 2023

    The Los Angeles Business Journal Appoints Keith Hamasaki as a Judge for the CFO Awards 2023

    September 15, 2023

    The Restaurants Care Resilience Fund is Accepting Applications for Hollywood Strikes Hardship Grants

    September 14, 2023

    Press Release: Aric Wong Joins KROST’s Principal in Development Program

    September 12, 2023

    Anna Chen is Attending INBOUND 23

    September 5, 2023
  • Insights
REQUEST PROPOSAL

loan out corporations

Loan Out Corporations – To be or not to be?

February 27, 2018By KROST CPAs
Loan Out Corporations – To be or not to be?

With the passing of the Tax Cuts and Jobs Act of 2017, many actors, writers, directors, and

Meet Our Experts

Brad BRAD PAULEY, CPA Principal - Tax Button with arrow Brad Pauley Greg GREGORY A. KNISS, CPA Chairperson Button with arrow Greg Kniss Jason JASON C. MELILLO, CPA CEO Button with arrow Jason Melillo Stacey STACEY R. KORMAN, CPA, MST Principal - Accounting Button with arrow Stacey Korman Douglas DOUGLAS VENTURELLI, ESQ. Principal - Estate & Gift, Trust and Probate Button with arrow Douglas Venturelli Phil Philip Clark, CPWA®,CFP®, CLU® Director - Wealth Management Button with arrow Phil Clark Alan ALAN LO, CPA, MAcc Manager - Tax Button with arrow Alan Lo Ronique RONIQUE DAVIS, CPA Manager - Tax Button with arrow Ronique Davis Andrea ANDREA BONILLA, CPA Manager - Accounting Button with arrow Andrea Bonilla
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If you have questions regarding our sports and entertainment industry services, schedule a call today.

Recent Sports & Entertainment News

  • How to Maintain Cashflow During The WGA Strike
  • KROST is Attending the Trusted X LA Technology Summit
  • Loan-Out Corporations – Maximizing Tax Savings & Financial Flexibility for Sports & Entertainment Professionals
  • Do’s and Don’ts of California Non-Residency
  • Tax Changes for the Entertainment Industry

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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.