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    Simplifying the complex.

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    Featured Insights

    Employees vs. Independent Contractors – Combatting Worker Misclassification in California

    Employees vs. Independent Contractors – Combatting Worker Misclassification in California

    December 5, 2023
    Cashflow Strategies for the Sports & Entertainment Industry

    Cashflow Strategies for the Sports & Entertainment Industry

    November 22, 2023
    Happy Thanksgiving

    Happy Thanksgiving from KROST

    November 22, 2023
    Navigating Tax Compliance The Significance of Form W-9 and Best Practices

    Navigating Tax Compliance: The Significance of Form W-9 and Best Practices

    November 21, 2023
    KROST is Paneling at the CalCPA Mt. SAC Accounting Conference

    KROST is Paneling at the CalCPA Los Angeles & Inland Empire Mt. SAC Accounting Conference

    November 17, 2023
    Los Angeles Business Journal Names KROST Top 100 Fastest Growing Private Companies 2023

    Los Angeles Business Journal Names KROST Top 100 Fastest Growing Private Companies 2023

    November 10, 2023

    Employees vs. Independent Contractors – Combatting Worker Misclassification in California

    December 5, 2023

    Cashflow Strategies for the Sports & Entertainment Industry

    November 22, 2023

    Happy Thanksgiving from KROST

    November 22, 2023

    Navigating Tax Compliance: The Significance of Form W-9 and Best Practices

    November 21, 2023

    KROST is Paneling at the CalCPA Los Angeles & Inland Empire Mt. SAC Accounting Conference

    November 17, 2023

    Los Angeles Business Journal Names KROST Top 100 Fastest Growing Private Companies 2023

    November 10, 2023
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UNICAP

2018 Tax Planning – TCJA Impact on Cash Method of Accounting

March 18, 2019By Alan Lo, CPA, MAcc
2018 Tax Planning – TCJA Impact on Cash Method of Accounting

Enacted on December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was hailed as the largest

Meet Our Experts

Greg GREGORY A. KNISS, CPA Chairperson Button with arrow Greg Kniss Jason JASON C. MELILLO, CPA CEO Button with arrow Jason Melillo Lou LOU GUERRERO, CPA, MBT Principal - Tax Practice Leader Button with arrow Lou Guerrero So Sum SO SUM LEE, CPA Principal - Tax Button with arrow So Sum Lee Grant GRANT MILLER, CPA, EA Principal - Tax Button with arrow Grant Miller Richard RICHARD UMANOFF, CPA, MBA Principal - Estate & Gift, Trust & Probate Button with arrow Richard Umanoff Doug DOUGLAS A. VENTURELLI, ESQ. Principal - Estate & Gift, Trust & Probate Button with arrow Douglas Venturelli Evelyn EVELYN FERNANDEZ, CPA, MST Principal - Tax Button with arrow Evelyn Fernandez Brad BRAD PAULEY, CPA Principal - Tax Button with arrow Brad Pauley Matt MATTHEW WEBER, CPA, MAcc Principal - Tax Button with arrow Matt Weber Aric ARIC WONG, CPA, MBT Director - Tax Button with arrow Aric Wong Elvira ELVIRA FRENCILLO, CPA Senior Manager - Tax Button with arrow Elvira Frencillo Nara NARA VOSKANYAN, CPA Senior Manager - Tax Button with arrow Nara Voskanyan Alan ALAN LO, CPA Manager - Tax Button with arrow Alan Lo David DAVID HA, CPA Manager - Tax Button with arrow David Ha Kimberly KIMBERLY HOANG, CPA Manager - Tax Button with arrow Kimberly Hoang Chris CHRISTOPHER KOCHIYAMA, CPA Manager - Tax Button with arrow Christopher Kochiyama Ronique RONIQUE DAVIS, CPA Manager - Tax Button with arrow Ronique Davis
CONTACT US

If you have questions regarding our tax services, schedule a call today.

Recent Tax News

  • KROST is Paneling at the CalCPA Los Angeles & Inland Empire Mt. SAC Accounting Conference
  • Utilizing Charitable Remainder Trusts to Meet Income & Philanthropic Goals
  • California Changes Tax Legislation for Incomplete Non-Grantor Trusts
  • FinCEN Beneficial Ownership Information Reporting Rule
  • Get Organized with KROST’s Will & Trust Asset Legacy Planner

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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.