Press Release- KROST Announces Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax

July 28, 2022By KROST CPAs

LOS ANGELES, CA [July 28, 2022] — Los Angeles-based CPA Firm, KROST CPAs and Consultants announced Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax. Paren Knadjian has successfully completed over 200 M&A and Capital Markets transactions worth over $1 billion. Having been at the firm since 2017, Read the full article…

KROST is Attending the AICPA ENGAGE22 Conference

June 6, 2022By KROST CPAs

Our CEO, Jason Melillo, Assurance & Advisory Principal, Keith Hamasaki, Assurance & Advisory Senior Manager, Steve Chhuor, and Assurance & Advisory Manager Rebecca Hickle, are attending the AICPA ENGAGE Conference. The conference takes place from June 6th through June 9th and will be held at the Aria Resort and Park MGM in Las Vegas. Our Read the full article…

[Webinar Replay] The Restaurant Revitalization Fund

May 4, 2021By Anna Chen

If you missed our webinar led by Paren Knadjian, Head of M&A and Capital Markets and Jean Hagan, Principal of Business Management, there is a recording available. This webinar goes over the Restaurant Revitalization Fund, including details of the new Restaurant Revitalization Fund eligibility, how to apply, what documentation is required, and updates on PPP Read the full article…

FAQs – Employee Retention Credit (ERTC)

February 5, 2021By Anna Chen

The Employee Retention Credit (ERTC) was created as part of the CARES Act to encourage businesses to continue paying employees by providing a credit to the eligible employer for wages paid to eligible employees. The ERC could be a valuable alternative for those who did not qualify for PPP and other emergency loans. We have Read the full article…

The Latest COVID-Relief Package – Time to go Green

January 27, 2021By So Sum Lee

On December 27, 2020, Congress passed a $900 billion COVID-relief package, along with a $1.4 trillion spending package, that funds the government for the 2021 fiscal year. The spending bill includes several tax extenders; Section 45L tax credit for multifamily and residential developers, 179D tax deduction for commercial and government buildings, as well as 25C Read the full article…

Coronavirus and Its Impact on Financial Reporting

March 23, 2020By Keith Hamasaki

Nothing has gripped us quite like the Coronavirus (COVID-19). It has begun to affect all facets of life, from travel bans, school closures, meetings, and even financial reporting. Generally Accepted Accounting Principles (GAAP) has an Accounting Standard Codification (ASC) that addresses unforeseen circumstances occurring after the balance sheet date but before the audit is issued. Read the full article…

KROST Restaurant Seminar: Protecting Your Business

February 17, 2020By Anna Chen

KROST is hosting a dynamic restaurant seminar, Restaurant Management: Protecting Your Business, on March 2nd, 2020 from 2:00 PM – 4:00 PM with guest speakers Corbin Wade of Hub International and Jesse Caryl of BCK Legal. The seminar will be followed by a cocktail reception sponsored by Hub International and BCK Legal from 4:00 PM Read the full article…