As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Year-end planning for 2019 takes place against the backdrop of the 2017 Tax Cuts and Jobs Act that had major changes in the tax … Read More
KROST CPAs & Consultants recently ranked seventeenth out of Accounting Today’s 2019 Top 100 Regional Leaders in the West. The recognition is given to firms based on total number of employees, partners, offices, gross revenue, and percentage change year over year. Accounting Today divides the U.S. into 10 regions and establishes benchmarking data to calculate … Read More
KROST is proud to announce the celebration of its 80th anniversary. Since 1939, the firm has assisted thousands of businesses and individuals to reach their financial goals through tax, accounting, and consulting services. KROST is headquartered in Pasadena, California with four strategic locations throughout Greater Los Angeles. In 2018, KROST experienced outstanding growth of 31.41% … Read More
A donor-advised fund (DAF) is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. A DAF enables a taxpayer to contribute personal assets, including cash, securities, and real estate, to an investment account, in which the assets grow tax-free. The taxpayer receives an … Read More
Businesses that have engaged in year-end tax planning know that as 2019 approaches, it is time to develop, finalize and undertake a year-end tax planning strategy. Businesses that have not yet explored year-end tax planning should take an immediate inventory of their situation and develop a year-end 2018 tax strategy. Our office is ready to … Read More
As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Year-end planning for 2018 takes place against the backdrop of the new 2017 Tax Cuts and Jobs Act that make major changes in the … Read More
We are happy to announce the release of our second quarterly magazine! The Manufacturing Issue highlights some of the hot topics in manufacturing including cybersecurity, tax benefits and incentives, technological advances in manufacturing, and trends. What You’ll Find Inside this Issue: Manufacturers Beware: The Continued Threat of Cybersecurity Breaches, Hacking & Malware by Keith Hamasaki, CPA … Read More
Inside Public Accounting (IPA) has awarded KROST, and its affiliated tax consulting practice, five prestigious accolades based on their annual INSIDE Public Accounting Survey and Analysis of Firms: • 2018 IPA Best of the Best Firm. • 2018 IPA Best of the Best Fastest-Growing Firm. • 2018 IPA 200 Firm. • 2018 IPA 200 Fastest-Growing … Read More
We recently published our new KROST Quarterly Magazine which is packed full of articles and insider knowledge focusing on tech topics. Here is an excerpt from the article “What You Need to Know About Cybersecurity” by our Principal and Assurance & Advisory Practice Leader Jason C. Melillo: “All too often we read headlines about major … Read More
KROST CPAs & Consultants – RestaurantAccountants.com was recently published in the July 17, 2017 edition of the Los Angeles Business Journal as part of the Food & Beverage Roundtable. The article features our very own Jean Hagan, Principal, and explores a series of timely, industry relevant issues regarding the food and beverage industry. As a … Read More
