Tag Archives: Taxes and Accounting

HWS Enters into An Exclusive Partnership with Mrs. LTC to Offer Long-Term Care Claim Processing for Household Employers

STERLING, Va. /ScoopCloud/ -- HomeWork Solutions (HWS), the industry expert in household payroll and employment taxes, has entered into an exclusive partnership agreement with Mrs. LTC, a leading provider of Long-Term Care Claims processing. The new partnership will provide HWS customers with a top-quality resource for processing long-term care claims.

Jay Schulze, President of HomeWork Solutions, stated, "As the in-home care marketplace continues to grow, we are seeing more families turn to Long Term Care insurance policies to fund the cost of a caregiver. This partnership with Mrs. LTC allows HWS to expand our offerings and expertise in the administrative side of household employment, including payroll, taxes, worker's compensation, and now long-term care insurance claims processing."

Stana Martin, President, Mrs. LTC stated, "We're excited to form this exclusive partnership with HomeWork Solutions and provide its clients with our expertise in Long Term Care insurance claims. I'm excited I now have a resource for my clients on household payroll and taxes."

HWS offers uncomplicated, straightforward household payroll, tax support, and now Long-Term Care Insurance Claims processing for its clients.

Anyone interested in scheduling time with Mrs. LTC can click here. Stana offers a 1-hour free consultation - https://www.homeworksolutions.com/long-term-care-claim-processing/.

Call us today at 866.959.7812 to learn more. Clients can enroll online at https://www.homeworksolutions.com/.

HomeWork Solutions, Inc. has provided payroll and tax preparation services to families nationwide since 1993. As experts providing services to tens of thousands of families, the staff at HomeWork Solutions has been a trusted resource for household employers and publications such as The Wall Street Journal, New York Times, Fox, The Washington Post, and many more. Homework Solutions provides free consultations to families, CPAs, and other financial professionals at 866.959.7812 or online at HomeWorkSolutions.com.

Mrs. LTC, Stana Martin, is a recognized leader and author in long-term care insurance for the past 14 years. She holds a Ph.D. From the University of Texas at Austin. Mrs. LTC was created in large part because of the complexities of understanding long-term care insurance claims. Stana was interested in taking the burden off of families to concentrate on taking care of their loved ones. Learn more: https://mrsltc.com/.

For further information:
Jay Schulze
Jay@homeworksolutions.com
703-404-8151
www.homeworksolutions.com

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HomeWork Solutions (HWS), the industry expert in household payroll and employment taxes, has entered into an exclusive partnership agreement with Mrs. LTC, a leading provider of Long-Term Care Claims processing.

Related link: https://www.homeworksolutions.com/

Report: Over One Quarter of All Mileage Reimbursement Claims Are Overreported

ISSAQUAH, Wash. /ScoopCloud/ -- According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.

Between January 2018 and January 2021, TripLog found that roughly 2.8 million trips were overreported. The 52.33 million miles reported among those trips were inflated by 27.2% for a total of 14.26 million miles.

For drivers reporting manually (that is, not using the app to automatically start tracking their mileage when they start driving), that number balloons to 28.9%. At 58 cents per mile, this would account for $8.2 million in fraudulent reimbursements.

For example, a driver may take a trip and report that it took 27 miles when in reality the trip only took 17 miles. TripLog's system compares the route recorded by their app's automatic mileage tracking features or a given manual mileage entry by the driver to Google Maps' data.

If Google Maps says that the drive actually took 17 miles, that can result in overreporting. Thanks to TripLog, those trips were flagged and easily corrected, but companies using manual reporting and processing methods are far more likely to miss such errors.

"Companies still using outdated pen-and-paper forms of mileage tracking and expense processing may be losing out on thousands of dollars each year per driver due to inaccurate mileage claims," said company CEO, Ted He. "Modern digital solutions, such as mileage tracking apps, are a powerful way to avoid such losses."

The most common type of expense fraud is mileage reimbursement. Employees that travel long distances in their own vehicles often pad their mileage amounts in order to receive additional funding from their employer.

Even before the COVID-19 pandemic, expense reporting fraud was on the rise. According to Chrome River's 2019 Expense Fraud Survey, an average of 5% of employees committed expense reporting fraud that year. The most important piece of information, however, is how these expenses were being submitted.

Employees were most likely to commit expense reporting fraud when submitting manual or spreadsheet-tracked receipts to accounts payable. 9.1% of employees who submit expenses this way have committed fraudulent actions in their expense tracking, typically inflating small expenses that are less likely to be noticed.

To help stop these instances of fraud, solutions like TripLog have made it possible and affordable for firms to get exact mileage reports, put them all into a readable format, save time for the accounting team, and, most importantly, stop fraud in its tracks.

Learn more at: https://triplogmileage.com/

About TripLog, Inc.:

Located east of Seattle in Issaquah, Washington, TripLog has been helping businesses ranging from small to enterprise-scale handle their mileage claims and expense reimbursements for over ten years. TripLog's intuitive app provides mobile employees with an easy-to-use system to automatically track their mileage when they start a drive, eliminating any guesswork and inaccuracies. In addition, their web dashboard gives administrators access to detailed data, providing increased oversight, allowing businesses to keep their clients' teams accountable, and provide them with accurate reimbursements.

{Citation -- Chrome River's 2019 Expense Fraud Survey: https://info.emburse.com/rs/496-CPG-762/images/Chrome-River-White-Paper-Expense-Fraud-Survey.pdf]

According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.

Related link: https://triplogmileage.com/

Compleat Software Invited to Join the Information Technology Alliance (ITA) as an Alliance Partner

ATLANTA, Ga. /ScoopCloud/ -- Being recognized for its clear commitment to providing superior technology products and solutions to small and medium-size businesses, Compleat Software has joined the Information Technology Alliance (ITA).

ITA is the highly regarded international not-for-profit association of leading Consulting and VAR firms, CPA firms, and technology product/service providers. The ITA invitation was extended because of the high level of support and service Compleat Software has provided to their business partners and clients, and for their commitment to being a leader in the information technology (IT) industry.

"The primary focus of ITA is to provide an independent forum for leading IT business owners to exchange information, share best practices, assess the current status and future direction of the profession, and thereby to improve their overall business results," said Shawn Slavin, President of ITA. "In becoming an Alliance Partner in ITA, Compleat Software has shown that they are committed to being part of the long-term success of their business partners and their end user clients."

"Being an ITA Alliance Partner is a great way to meet, and network with, some of the biggest and best firms in the IT business," said Bill Hammer, GM of North America of Compleat Software. "We are always looking for ways to improve our products and to help our business partners grow and add more value to their clients. Having this ITA membership opportunity will allow both our people, and our clients, to be more successful in the future."

Current Compleat Software Partners that are ITA Members:

AcctTwo Shared Services, LLC, BCS ProSoft, Inc., BTerrell Group LLP, Business Technology Partners LLP, Express Information Systems, JMT Consulting Group, Inc., LBMC Technology Solutions

About ITA

ITA, http://www.italliance.com/, is a not-for-profit professional trade association of leading firms and companies whose purpose is to share information and build relationships that improve the way member firms do business. Because the ITA membership roster consists of many of the most highly regarded mid-market technology professionals and product/service providers, ITA enjoys substantial collective influence and often acts as an authoritative voice for the IT profession.

About Compleat Software

Compleat Software is a global SaaS company providing leading edge AP Automation and P2P "purchase to pay" solutions that offer the next generation automation at an affordable cost for the SME market. Delivering a single seamless, paperless process that incorporates for e-invoicing, purchase invoice approval, purchase order and receipting along with Savings as a Service.

Learn more at: https://www.compleatsoftware.com/

VIDEO (YouTube): https://youtu.be/1BkmkjsliQU

Being recognized for its clear commitment to providing superior technology products and solutions to small and medium-size businesses, Compleat Software has joined the Information Technology Alliance (ITA).

Related link: https://www.compleatsoftware.com/

Proposed Legislation Would Make the 45L and 179D Energy Efficiency Tax Incentives More Lucrative

BLAINE, Minn. /ScoopCloud/ -- The 'Growing Renewable Energy and Efficiency Now' (GREEN) Act aims to extend and boost tax incentives for energy efficiency and renewable energy. According to Alex Bagne, the President of ICS Tax, LLC, "If passed, the GREEN Act would make both the 45L Energy Efficient Home Credit (45L Credit) and the 179D Energy Efficient Commercial Building Deduction (179D Deduction) more advantageous while furthering the green missions of these incentives."

THE 45L ENERGY EFFICIENT HOME CREDIT

Currently, the 45L Credit allows eligible developers to claim a $2,000 tax credit for each newly constructed or substantially reconstructed qualifying residence. It applies to single family homes, apartments, condominiums, assisted living homes, student housing, and other types of residences. The residences must be three stories above grade in height or less. The 45L Credit requires a HERS Rater, a credentialed professional who tests residential energy efficiency, to inspect the home, perform energy modeling and prepare certificates of compliance. The 45L Credit is set to expire at the end of 2021.

The GREEN Act would increase the 45L Credit from $2,000 to $2,500 per residential unit. It also seeks to extend the incentive to 2026, as it is set to expire in 2021. The energy efficiency standards would increase, going from a 50% to 60% savings over the IRS baseline.

"Many homebuilders are unaware that their homes as built qualify for this incentive," says Travis Cansler, a 45L specialist at ICS.

Steve Samos, a HERS Rater and the Director of Inspections for ICS, adds "For homes that do not pass, builders can often make design changes to get them to qualify where the additional costs are more than offset by the credit."

THE 179D ENERGY EFFICIENT COMMERCIAL BUILDING DEDUCTION

The 179D Deduction, often referred to as the EPAct Deduction, is a Federal tax incentive promoting energy efficient buildings for both new and existing structures. Further, architects, engineers, contractors, and other building design professionals may also be eligible for the incentive on public projects. Commercial building owners can take a Federal tax deduction of up to $1.80 per square foot of the building's floor area if they install certain property (e.g., efficient lights or HVAC systems, added wall or roof insulation, etc.) that reduces energy and power costs. The 179D Deduction, which applies to both new construction and renovations, was recently made permanent by the 'Consolidated Appropriations Act, 2021.' However, that Act significantly increased the energy efficiency standards needed to qualify.

For the 179D Deduction, the GREEN Act would raise the maximum amount of the deduction from $1.80 to $3.00 per square foot for improvements made after December 31, 2021. It would also lower the threshold needed to qualify for the maximum deduction. The current standard compares the building to the ASHRAE standard that was in existence 2 years prior to the start of construction and requires a hypothetical 50% reduction in energy and power costs. The GREEN Act would lower those standards to 30%.

"By making these changes, the 179D Deduction will be more beneficial and further incentivize green building design," says Jillian Jones, a 179D Deduction specialist at ICS Tax.

ABOUT ICS TAX, LLC:

ICS Tax, LLC (ICS) is a consulting firm providing innovative tax planning strategies and specializes in both the 45L and 179D tax incentives. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. ICS provides nationwide service through its offices located throughout the country.

Learn more at https://ics-tax.com/.

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MEDIA CONTACT:
Alexander Bagne
ICS Tax
alexb@ics-tax.com
216-870-0742

The 'Growing Renewable Energy and Efficiency Now' (GREEN) Act aims to extend and boost tax incentives for energy efficiency and renewable energy. According to Alex Bagne, the President of ICS Tax, LLC, "If passed, the GREEN Act would make both the 45L Energy Efficient Home Credit (45L Credit) and the 179D Energy Efficient Commercial Building Deduction (179D Deduction) more advantageous while furthering the green missions of these incentives."

Related link: https://ics-tax.com/

Los Angeles-Based CPA Firm Receives High Praise from Accounting Today

PASADENA, Calif. /ScoopCloud/ -- KROST CPAs and Consultants, Los Angeles-based firm, receives two new accolades from Accounting Today, Top 100 Firms and Fastest-Growing Firms in the U.S.

New to the list, KROST, ranked No. 78, with an 80.08% change in revenue from last year. Additionally, the firm ranked No. 11 on the Regional Leaders on the West Coast which includes firms in California, Nevada, Oregon, and Washington. The average firm growth was 7.59%, which KROST surpassed with the highest percent change.

KROST ranked No. 1 in the fastest-growing firms list. Accounting Today's Top 100 Firms and Regional Leaders is an annual ranking that recognizes the largest tax and accounting firms by revenue, both nationwide and in specific regions.

"The Regional Leaders on the West Coast, which are usually among the top three groups in performance, dropped into the middle of the pack in terms of growth rate, but nonetheless reported higher revenues from 2020 than in 2019, despite the loss of Squar Milner, which merged into national firm Baker Tilly late in the year. That was thanks in no small part to the addition of KROST, a new entry to the Top 100 Firms and the fastest growing firm in this year's report, as well as OUM & Co., which is new to the regional list this year." - Accounting Today.

"It means a great deal to us to receive these two awards from Accounting Today. It has been a difficult year for our entire industry. The pandemic forced many of us to change our strategies and shift priorities. Despite the circumstances, we were fortunate to be able to grow our firm and rise to the challenges of 2020," said Greg Kniss, Managing Principal at KROST.

ABOUT KROST CPAS & CONSULTANTS

Established in 1939 in Pasadena, California, KROST is a full-service certified public accounting and consulting firm serving clients across various industries in the areas of tax, accounting, consulting, assurance and advisory, M&A and capital markets, corporate tax incentives, and wealth management.

For more information about KROST, please visit: https://www.krostcpas.com/.

KROST CPAs and Consultants, Los Angeles-based firm, receives two new accolades from Accounting Today, Top 100 Firms and Fastest-Growing Firms in the U.S.

Related link: https://www.krostcpas.com/

Newly-Passed Restaurant Revitalization Fund and Restaurant Tax Relief Strategies by Ace Plus Tax Resolution

LOS ANGELES, Calif. /ScoopCloud/ -- James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, underlines the newly enacted restaurant revitalization fund, recent tax challenges the restaurant industry is facing, and tax relief strategies.

Restaurant Revitalization Fund and Grants

Along with small and medium enterprises, the restaurant industry has also been severely impacted by the pandemic. However, the governments have been trying to ensure that tax reliefs are provided to help the restaurant industry. This has been effectively encapsulated in the Restaurant Revitalization Act signed on March 11. Certified Tax Resolution Specialist James from Ace Plus Tax Resolution recommends that "restaurant owners that are financially struggling must strategize and receive the full benefit of the Restaurant Revitalization Fund."

$5 billion of the fund will be available to eligible restaurants with gross receipts during 2019 of $500,000 or less.

In addition, the crux of this particular tax relief regime provides grants to restaurant applicants of up to $10 million. This is mainly to compensate them for the pandemic-related revenue loss. In this aspect, all restaurants are declared as eligible for the program, with some exceptions, like restaurants that are operated by a state or a local government or are owned by a publicly-traded company. However, it is to be noted that the grant that would be awarded to the entity is not supposed to exceed an aggregate of $10 million and should be limited to $5 million per physical location.

The grant amount will be based on the pandemic-related revenue loss. If the entity was in business for 2019, either entirely or partially, the loss is calculated as the 2020 average monthly gross receipts multiplied by 12, subtracted from 2019 average monthly gross receipts multiplied by 12. A different calculation method is to be applied if the business newly opened anytime between January 1, 2020, and the enactment date of the bill, March 11, 2021. The grant will be reduced by the 7(a) SBA loans received, including PPP loans.

Under this particular act, there are certain expenses that are eligible for restaurants. They mainly include payroll costs, paid sick leaves, mortgage, rent and utilities, maintenance, supplies, food and beverage expenses, operational expenses, and any other expenses SBA deemed essential. In the same manner, the grant is supposed to be used for expenses that fall within the covered period between February 15, 2020, and December 31, 2021.

Taxability

Restaurant Revitalization Grants that are received are not subject to income tax. In the same manner, the exclusion will not result in the denial of a deduction reduction of tax attributes or a denial of increase in basis. This implies that these businesses are not supposed to include the grant amount as a gross income in the tax return.

Tax Problems for Restaurant Owners

James denotes, "Restaurant Revitalization Grant has been a much-needed life support for the troubled industry. Followed by the pandemic, the restaurant industry was perhaps the most impacted by lockdowns, with the ongoing burden of having to remit tax payments. Payroll taxes, for one, continue to be a pressing cause of concern for the restaurant industry".

When their business struggles, restaurant owners are tempted to use these funds to cover the business expenses. The IRS takes late payroll tax payments very seriously because it wasn't the business owners' money to begin with. If the IRS thinks that if an individual was responsible for filing or paying taxes but did not, then he or she becomes liable for the unpaid taxes.

Business owners must realize that the IRS has the power to close their business, come after the owner personally by asserting Trust Fund Recovery Penalty, levy bank accounts, or seize income sources and properties in an attempt to collect back taxes. Also, their passport may be revoked or declined to issue or renew by the U.S. Department of State.

Tax Reliefs for the Restaurant Industry

In the case where the business is approached by the IRS for back taxes, the best possible course of action might be to adopt an approach to tactfully deal with the issue, without panicking.

James believes "The best course of action is to see if they qualify for any tax relief options." However, this can only be done after delinquent tax returns have been filed and all current income tax and payroll tax deposits have been paid.

Businesses or individuals can settle their taxes for substantially less than they owe through an Offer in Compromise if they qualify. Financial inability to pay is the most common reason an Offer is accepted, but it must be supported by and verified with well-prepared financial documents and statements.

Or, through an Installment Agreement, businesses or individuals may set up an affordable payment plan to pay off the back taxes. If they qualify for a "Partial Payment" Installment, they will not be paying off the full amount, as the balance left at the end of the payment term will be forgiven. Strategizing is crucial when submitting an application in order to maximize the benefit.

Also, they may be able to halt IRS collection actions by declaring a Currently Not Collectible status. To qualify for this status, they must prove they have a dire financial situation and none to very little income. The IRS will put a pause on their attempt to collect payment until the financial situation improves.

The Final Words

The current day and age are quite challenging for almost all business owners. In this regard, it is imperative for businesses to be fully aware of all the taxes that they owe, as well as the options that are available to them. There are numerous tax relief options that are put forth by the government, but business owners should seek a certified tax relief specialist to clearly understand their options and eligibility, so that they can strategize, take full advantage, and save considerable sums of money as taxpayers.

Ace Plus Tax Resolution provides permanent solutions to taxpayers with IRS and state tax problems to individuals and businesses struggling with unmanageable IRS tax problems. If you're struggling with payroll tax problems, contact their tax professionals for a free consultation.

Learn more at - https://AcePlusTaxResolution.com

James Cha is a CPA and Certified Tax Resolution Specialist(r) at Ace Plus Tax Resolution, has been representing his clients and dealing with the IRS for over 30 years. His practice is in Los Angeles, but his clients are across the nation. Contact him at (213) 600-7388 or James@AcePlusTaxResolution.com.

Watch our video about how to resolve your payroll tax problems: https://youtu.be/Xw4mjLKoWKI

James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, underlines the newly enacted restaurant revitalization fund, recent tax challenges the restaurant industry is facing, and tax relief strategies.

Related link: https://AcePlusTaxResolution.com/

Commercial Loan Corp – Offering Free ‘Property Tax Savings Estimate & Consultation’ for Beneficiaries Inheriting a Home – Keeping Parent’s Low Property Tax Base

NEWPORT BEACH, Calif. /ScoopCloud/ -- Now that limitations and changes to CA Proposition 58 property tax breaks became active Feb 16, 2021 due to Proposition 19 - popular estate & trust lender Commercial Loan Corp in Newport Beach is offering heirs and beneficiaries inheriting a home from parents a Free Consultation & Estimate of Property Tax Savings - to keep their parent's low property tax base.

This Free Consultation for Property Tax Savings helps evaluate the benefit of a loan to an Irrevocable Trust, specifically for beneficiaries who want to keep inherited property at their parents' low property tax rate - avoiding current market reassessment. This often involves a fast buyout of siblings looking to sell their share of the same inherited property.

Families, beneficiaries, or their attorneys, who want to take advantage of Commercial Loan Corp's Free Consultation for Property Tax Savings are calling the firm's main office at 1-877-464-1066. The firm assists families and beneficiaries by helping them avoid property tax reassessment, and determines how much a family can expect to save in property taxes (on average saving more than $6,000 per year); as well as weighing costs and benefits of a trust loan working alongside Proposition 58 - enabling a buyout of inherited property from co-beneficiaries, while keeping a parent's low property tax base. Considered to be one of California's premier trust lenders, the firm works for families alongside their attorney, accountant or property tax consultant, as many families attest to.

Tanis Alonso, Senior Account Manager with Commercial Loan Corp, describes the firm's estate & trust lending service: "We don't view each trust loan scenario as simply a 'financial transaction.' Nor do we see the home they've lived in for decades as just a 'piece of real estate'. To us, this a 'piece of family history' in the making. And the process a 'family decision', not a 'transaction'. We see our clients as real families that we're assisting, financially and emotionally, not just as clients signing a contract for a trust loan. We enjoy helping people... getting them money when they really need it - and saving them on the cost side in the bargain, with a trust loan."

Ms. Alonso also elaborates on the firm's process: "Besides lowering property taxes the key issue for families is selling, versus keeping, inherited property. By someone keeping the family property, everyone receives more money than if they were to sell the property to an outside buyer. When taking into account realtor and transaction costs of approximately 6.5%, the average trust receives $45,716 more to distribute by using a trust loan to keep property, than if they were to sell the property. Each beneficiary on average is receiving $16,652 more from someone keeping the property, instead of selling it. And the average overall annual property tax savings is $6,043."

Commercial Loan Corp originates loans to trusts, and estates in probate, and helps to maximize the distribution of funds to a trust or estate; allowing beneficiaries to buyout inherited property from co-beneficiaries. When providing mortgages to trusts or estates in probate, the firm helps clients to avoid the re-evaluation of property at current tax-rates - enabling families to retain a parent's low Proposition 13 tax base - by obtaining a Parent-to-Child Exclusion, saving a good deal of money on yearly property taxes.

To get a Free Consultation for Property Tax Savings to establish a permanent, low property tax base; or to receive a trust loan to buyout co-beneficiaries' property shares, and learn more about keeping parents' low property tax base when inheriting family property - California homeowners and beneficiaries can call Commercial Loan Corp at 1-877-464-1066.

Commercial Loan Corporation

Main office: 1-877-464-1066

Mobile texting: 1-917-544-0551

Website: https://cloanc.com

Blog: https://propertytaxnews.org

Facebook: https://www.facebook.com/CommercialLoanCorp

PR Media Communications: G Sadwith geoffreysf1@gmail.com

Now that limitations and changes to CA Proposition 58 property tax breaks became active Feb 16, 2021 due to Proposition 19 - popular estate & trust lender Commercial Loan Corp in Newport Beach is offering heirs and beneficiaries inheriting a home from parents a Free Consultation & Estimate of Property Tax Savings - to keep their parent's low property tax base.

Related link: https://cloanc.com/

Brew Up Tax Savings with the R&D Tax Credit

BOSTON, Mass. /ScoopCloud/ -- While the trendy term "Microbrewery" may have been the proper terminology for new craft beer breweries and startups, they no longer remain "micro" in revenue, says ICS Tax, LLC (ICS). Growth in the craft beer industry in the U.S. has steadily grown to almost $30 billion.

While brewing up signature styles of beer is key to their creators' minds, the Research & Development (R&D) Tax Credit can save the craft brewing industry significant tax dollars and make brewers say, "Hop Hop Hooray."

The R&D Tax Credit has been an underutilized dollar-for-dollar cash savings in the brewery and beverage industry altogether. With the R&D tax credit being made permanent and the qualifications of R&D more expansive, the credit has become more valuable and lucrative for a small brewery or startup. A misnomer is that a company must be successful or is developing something new for the "world," whereas the activity only needs to be new or improved to the brewery itself.

The R&D Tax Credit can turn skunky brews into sweet aromatic tax savings.

"Ask yourself, while you may be known for your signature pale ale, have you been working on brewing up the latest lager to captivate the increasing market? Have you adapted your formulas for changing connoisseurs?" says Lacey Robb, the R&D credit practice leader at ICS.

She adds, "It is uncommon that your brewery has not made any improvements to the product, technology, or internal processes to grow and maintain success. Internal process improvements are often overlooked and provide valuable savings to the industry."

The benefits that the R&D Tax Credit can provide the brewing industry will not leave you with a hangover, but hopped up for exciting permanent tax savings.

A few examples of activities that would qualify for the R&D Tax Credit are:

* Developing new bottle conditioning

* Generating new or improved manufacturing processes to improve manufacturing flexibility and agility

* Establishing new or improved hopping techniques and styles

* Creating or improving filtration methodologies or wastewater methods

* Developing new or improved product formulations or recipes (e.g., dry hopping)

* Conducting tests of product ingredient mixtures for desired flavor or aroma profiles

* Developing new or improved quality assurance testing processes

* Producing prototype product samples for testing and validation of new recipe formulations

* Testing prototype samples for analytical and microbiological qualities.

While all the above sounds too good to be true, many breweries may be thinking, "how does this help us when due to the pandemic, we do not have a profit?" The R&D credit was enhanced for small business startups in 2016 and can be applied against your quarterly federal payroll tax instead of your income tax.

Do not let this opportunity go stale. Now may be the time more than ever to explore this power tax savings. To learn more about the R&D tax credit, visit https://ics-tax.com/services/research-development-tax-credits/.

ABOUT LACEY ROBB:

Lacey Robb is Principal for ICS Tax, LLC. She is an attorney with an LLM in Taxation and has helped numerous taxpayers in a variety of industries take the R&D tax credit. She can be reached by phone at 310-968-0970 or by email at laceyr@ics-tax.com.

ABOUT ICS TAX, LLC (ICS):

ICS Tax, LLC (ICS) is a consulting firm providing innovative tax planning strategies. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. ICS provides nationwide service through its offices located throughout the country.

Learn more at https://ics-tax.com/.

While the trendy term "Microbrewery" may have been the proper terminology for new craft beer breweries and startups, they no longer remain "micro" in revenue, says ICS Tax, LLC (ICS). Growth in the craft beer industry in the U.S. has steadily grown to almost $30 billion.

Related link: https://ics-tax.com/

KBKG Welcomes Two New Directors to Atlanta-Based Operation

ATLANTA, Ga. /ScoopCloud/ -- Nationwide tax specialty firm KBKG hired two new Directors, Amar Patel and Ian Williams, as part of their Southeast practice. Both Directors join KBKG with over 25 years of combined experience in Cost Segregation and Research & Development Tax Credits, two key services offered by the firm to CPAs and businesses.

As Director of Cost Segregation, Amar has become an expert in cost segregation and large fixed asset depreciation reviews for purposes of identifying Federal, State, and Property Tax benefits. Prior to joining KBKG, Amar spent 14 years at a Big Four firm focused on various specialty tax products, including Cost Recovery Solutions and Research & Development Tax Credits, serving corporate clients and partnerships in a variety of industries, including: retail, restaurant, manufacturing, healthcare, construction, and telecommunications.

As Director of Research & Development Tax Credits, Ian Williams brings extensive experience in the software, heavy manufacturing, aerospace, automotive, and consumer products industries to the KBKG team. Ian is also well versed in defending credit claims with the IRS. Prior to joining KBKG, Ian spent 11 years at a Big Four firm specializing in R&D Tax Credits and Fixed Asset studies.

"We are pleased to have Amar and Ian as part of the team. Their knowledge and experience in Cost Segregation, Fixed Assets, and R&D Tax Credits are of great use to the firm and its success. The addition of our new directors will support the growth this market is currently experiencing, allowing KBKG to serve more Southeastern clients," said Jonathan Tucker, KBKG R&D Tax Credits Principal and leader of the Southeast practice.

ABOUT KBKG

Established in 1999 with offices across the US, KBKG provides turn-key tax solutions, including research and development tax credits, cost segregation, green building tax incentives, transfer pricing, and more to CPAs and businesses nationwide. KBKG has offices located in Los Angeles, Chicago, Atlanta, New York City, and Dallas-Fort Worth.

For more information on KBKG, please visit: https://www.kbkg.com/

Nationwide tax specialty firm KBKG hired two new Directors, Amar Patel and Ian Williams, as part of their Southeast practice. Both Directors join KBKG with over 25 years of combined experience in Cost Segregation and Research & Development Tax Credits, two key services offered by the firm to CPAs and businesses.

Related link: https://www.kbkg.com/

KBKG Welcomes Three New Principals to Their Cost Segregation and Research & Development Tax Credit Services

PASADENA, Calif. /ScoopCloud/ -- Nationwide tax specialty firm KBKG promoted Eddie Price to Principal of Cost Segregation Services, as well as Paul McVoy and Jonathan Tucker to Principals of Research & Development Tax Credit Services.

Eddie Price leads KBKG's Cost Segregation practice and oversees KBKG's Southern region and its Texas-based operations. He is a Certified Cost Segregation Professional (CCSP) with the American Society of Cost Segregation Professionals (ASCSP). With over 35 years of cost segregation experience dating back to the Investment Tax Credit period, Eddie is one of the most experienced experts in the industry.

KBKG Cost Segregation Principal Malik Javed congratulates, "Eddie always goes above and beyond in leading our Cost Segregation practice in the South. This promotion is very well-deserved!"

Paul McVoy operates out of KBKG's New York office in its Research & Development Tax Services department. He devotes his time to consulting companies in maximizing their research & development tax credit claims. Paul has spent more than 15 years in public accounting leveraging previous tax compliance and tax provision work experience to provide focused and thoughtful advice regarding the research and experimentation activities of his clients.

Jonathan (Jon) Tucker serves as KBKG's Southeast region leader out of its Atlanta, Georgia office. He is a CPA and has over 16 years of experience providing federal business tax advisory services to clients. Having worked in public accounting for 15 years, Jon has served clients in all industries, including technology, manufacturing), transportation, healthcare, retail, and consumer products, hospitality, media and entertainment, financial, and other professional services industries.

"Paul and Jon have done an amazing job leading our R&D practice in the Northeast and Southeast markets and nationally. Their dedication to the firm and their drive to create a special group is at the heart of their success. I look forward to watching them continue to grow and create additional opportunities for others," said Kevin Zolriasatain, KBKG Principal of Research & Development Tax Services.

About KBKG

Established in 1999 with offices across the US, KBKG provides turn-key tax solutions, including research and development tax credits, cost segregation, and green building tax incentives, and more to CPAs and businesses nationwide. KBKG has office locations nationwide in California, Chicago, Atlanta, New York, and Dallas-Fort Worth.

For more information about KBKG, please visit https://www.kbkg.com/.

*PHOTO link for media: https://www.send2press.com/300dpi/21-0209s2p-price-mcvoy-tucker-300dpi.jpg

*Caption: Pictured (left to right): Eddie Price, CCSP; Paul McVoy; Jonathan Tucker

Nationwide tax specialty firm KBKG promoted Eddie Price to Principal of Cost Segregation Services, as well as Paul McVoy and Jonathan Tucker to Principals of Research & Development Tax Credit Services.

Related link: https://www.kbkg.com/

Los Angeles Based CPA Firm Announces New Principal, Stacey R. Korman, CPA, MST

PASADENA, Calif. /ScoopCloud/ -- KROST CPAs and Consultants, the Los Angeles based firm, has announced a new Principal, Stacey R. Korman, CPA, MST. Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments.

As an AICPA certified Fundamental Client Accounting Advisor, Stacey leads KROST's Client Accounting Service (CAS) division. CAS not only provides customizable accounting services for each client based on their specific situation and needs, but goes beyond business management or outsourced accounting by providing proactive insights and data analytics. This advisory methodology ensures clients' accounting needs are predicted and exceeded as their business evolves and grows.

In addition to CAS, Stacey has developed the firm's Paycheck Protection Program Loans Forgiveness team in partnership with Paren Knadjian, Practice Leader, M&A and Capital Markets and Sossi Bekarian, CPA, Senior Manager, Accounting. Since April 2020, the team has developed a proprietary budgeting and forgiveness maximization tool, hosted numerous webinars, and published a wealth of thought leadership on the subject. To date, KROST has assisted hundreds of businesses through the emergency loan program from the application process to loan forgiveness.

Stacey is expertly versed in working with clientele from a wide range of industries, including management companies, real estate, technology, foodservice, and not-for-profits. She provides consulting and cash management services to high net worth individuals, management companies, and small businesses. She is also an integral member of the Sports & Entertainment and Financial Services industry groups.

"Stacey is an outstanding member of our firm, and we are proud to welcome her as a principal as it is well deserved. She is a trusted consultant to our clients, mentor to staff, and technical leader who has elevated the work we do. Her industry expertise and breadth of knowledge is a tremendous value to us and those we serve," said Jason Melillo, Senior Principal at KROST.

ABOUT KROST CPAS & CONSULTANTS

Established in 1939 in Pasadena, California, KROST is a full-service certified public accounting and consulting firm serving clients across various industries in the areas of tax, accounting, consulting, assurance and advisory, M&A and capital markets, corporate tax incentives, and wealth management.

For more information about KROST, please visit: https://www.krostcpas.com/.

MEDIA ONLY CONTACT
Diana Vu
Marketing Coordinaor, KROST
(626) 773-8282 (media only)
diana.vu@krostcpas.com

KROST CPAs and Consultants, the Los Angeles based firm, has announced a new Principal, Stacey R. Korman, CPA, MST. Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments.

Related link: https://www.krostcpas.com/

CA Property Tax Laws Change in 13 Days: To Help Heirs Now Inheriting Property to Preserve Low Property Tax Base – Commercial Loan Corp Offers Free Benefit Analysis

NEWPORT BEACH, Calif. /ScoopCloud/ -- With only 13 days left before California Proposition 58 property tax breaks undergo changes and limitations imposed by new tax measure Proposition 19, on Feb. 16, 2021 - popular trust lender Commercial Loan Corporation is offering Heirs of Estates and Trust Beneficiaries, who are inheriting a home from parents, a free benefit analysis.

Californians who want to keep their parents' low property taxes, can call 877-464-1066 or visit online for a free Cost Benefit Analysis & Evaluation. Commercial Loan Corp assists families and beneficiaries by taking advantage of Proposition 58 and its' "Parent-to-Child Exclusion" or "Exemption" - avoiding property tax reassessment, and determining how much beneficiaries and homeowners can expect to save in property taxes (on average saving $6,000 or more per year).

The free Cost Benefit Analysis shows families what their options are, in terms of keeping an inherited home at a low property tax base, buying out co-beneficiaries, or selling inherited property shares through a trust loan... and compares costs as well as benefits of such a loan. Considered to be one of California's premier trust lenders, the firm is known for working successfully for both affluent and middle class families alongside their attorney, accountant or property tax consultant, as many families attest to.

Tanis Alonso, Senior Account Manager with Commercial Loan Corp, describes their boutique estate & trust lending service: "We don't view each trust loan scenario as simply a 'financial transaction.' Nor do we see the home they've lived in for decades as just a 'piece of real estate.' To us, this a 'piece of family history' in the making. And the process a 'family decision,' not a 'transaction.' We see our clients as real families that we're helping, financially and emotionally, not just as clients signing a contract for a trust loan. We enjoy helping people... getting them money when they really need it - and saving them on the cost side in the bargain, with a trust loan."

Tanis also elaborates on the firm's process: "OK, selling versus keeping inherited property. By someone keeping the family property, everyone receives more money than if they were to sell the property. When taking into account realtor and transaction costs of approximately 6.5%, the average trust receives $45,716 more to distribute by using a trust loan to keep to property, than if they were to sell the property. Each beneficiary on average is receiving $16,652 more by someone keeping the property, instead of selling it. And the average annual property tax savings is $6,043."

Account Exec Abe Ordaz discusses the free Benefit evaluation offer: "We are providing every family, beneficiary or heir inheriting a home left to them in an estate or trust, with a free 'cost benefit analysis'... to see how many thousands of dollars per year we can save them in property taxes. As opposed to their property being reassessed at high current rates."

Commercial Loan Corp originates loans to trusts and estates in probate, and helps to maximize the distribution of funds to a trust or estate; allowing beneficiaries to buyout inherited property from co-beneficiaries. When providing mortgages to trusts or estates in probate, the firm helps clients take advantage of Proposition 58 or Proposition 193 to avoid property tax reassessment and to retain a Parent's or Grandparent's low Proposition 13 tax base - frequently obtaining a property tax reassessment "exclusion" for families, saving them a good deal of money on property taxes.

To get a free Cost Benefit Analysis & Evaluation and lock down a low property tax base; or to receive a trust loan to buyout co-beneficiaries' property shares, and learn more about keeping parents' low property tax base when inheriting family property... California homeowners and beneficiaries can call Commercial Loan Corp at 1-877-464-1066.

Company Contact:
Commercial Loan Corporation
Main office: 1-877-464-1066
Mobile texting: 1-917-544-0551
Website: https://cloanc.com

Media Only Contact:
Geoffrey Sadwith
GS Web Communications
Phone Contact: 1-212-866-6150
Email: geoffreysf1@gmail.com

With only 13 days left before California Proposition 58 property tax breaks undergo changes and limitations imposed by new tax measure Proposition 19, on Feb. 16, 2021 - popular trust lender Commercial Loan Corporation is offering Heirs of Estates and Trust Beneficiaries, who are inheriting a home from parents, a free benefit analysis.

Related link: https://cloanc.com/

Paramount Property Tax Appeal Offering a Free New Years Evaluation for Affluent Homeowners & Business Property Owners, RE: ‘Feb 16 Changes to Tax Laws & Tax-Reduction Solutions’

SAN DIEGO, Calif. /ScoopCloud/ -- With only 20 days left before CA tax laws change, imposing limitations on property tax relief - property tax reduction firm Paramount Property Tax Appeal is ushering in the New Year with a free New Years evaluation for California families, affluent homeowners and all types of business property owners - to determine what steps to take to lower their property tax bill.

The firm is reportedly so confident of their 80% success rate minimizing property taxes for families and businesses - Paramount is taking the unprecedented step of inviting property owners to call or stop by for a free New Years consultation & evaluation concerning requirements for a residential or business property tax appeal or property tax reduction, home and business property appraisal; as well as organizing and completing tax compliance paperwork for business personal property.

President of Paramount, Mr. Wes Nichols, says: "It's an all-hands on deck situation right now. It's critical to ensure your children can inherit and preserve a low Prop 13 basis from you! We are strongly advising all California property owners that property tax relief will be limited after Feb. 16, by the Prop 19 changes to Proposition 58's Parent-to-Child Exemption. There are only 20 days left to prepare, evaluate and potentially appeal property taxes - usually reducing property tax by 20% to 30%... Not following through on this may cost families and businesses thousands of dollars in unexpected, additional property taxes."

Mr. Nichols explains: "California property owners are facing a property tax deadline we've never faced before; that concludes 3-weeks from now - imposed by new tax law Proposition 19. All residential and commercial property owners have to complete estate planning and tax reduction paperwork by Feb. 15, 2021. When Prop 19 kicks in Feb. 16, the doors for California property tax relief protected by Proposition 13 and Proposition 58 slam shut for properties that are not owner-occupied homes within 12-months. In other words, homes, apt. buildings and other commercial properties will all be assessed at current, full-market value when you transfer title to your children..."

The corporate president elaborates: "We do enjoy helping people, no matter what their net worth or property values are; which is why we're offering a free consultation this year - and we can't emphasize enough how important it is for families and business owners to get in right now - this week - to see us, so we can evaluate their estate planning and property tax situation, and complete all the paperwork to lock in their future tax base at a lower rate. With Proposition 19 becoming property tax law, Californians only have 20 days left to lower their property taxes and complete estate planning, in order to pass down low assessed values to their children."

Paramount Property Tax Appeal is reportedly one of the few property tax firms in California that provides a large staff with well known, world-class tax attorneys and complex data-systems for proprietary tax reduction solutions and property tax appeal programs - guaranteeing parents the ability to pass down their low assessed value in the future to their children. Even if property is held in an LLC or a trust.

Mr. Nichols concludes: "It bears repeating - After Feb 16, 2021 you can no longer transfer your Proposition 13 basis to your children! This year, Californians face unprecedented tax challenges unlike any time in recent history... due partly to the Covid shutdowns and resulting economic crisis, severely impacting property values and estate planning. Families with estate planning needs have to realize they only have weeks left before their ability to take advantage of certain property tax breaks from CA Proposition 13 and Proposition 58 disappears - when Proposition 19 becomes active. This will dismantle certain tax breaks previously safeguarded by the Parent-to-Child Exemption, allowing homeowners to avoid property tax reassessment."

To get a free New Years evaluation for estate planning, trusts, property tax appeals and tax reduction - property owners can call the Paramount headquarters at (858) 225-1200 with the option to discuss over the phone, or to come in and review their property tax and/or business personal property tax needs with a property tax specialist.

Paramount Property Tax Appeal

Call: President Wes Nichols at (888) 385-9203

Email: wes@pptaxappeal.com

Website: https://www.paramountpropertytaxappeal.com

https://www.facebook.com/ParamountPropertyTaxAppeal

With only 20 days left before CA tax laws change, imposing limitations on property tax relief - property tax reduction firm Paramount Property Tax Appeal is ushering in the New Year with a free New Years evaluation for California families, affluent homeowners and all types of business property owners - to determine what steps to take to lower their property tax bill.

DDK and Company Welcomes Sze Man Tam as Partner: First Asian-American to Take on this Role

NEW YORK, N.Y. /ScoopCloud/ -- DDK & Company, LLP, an accounting, tax, and consulting firm, announced on January 1 that Sze Man Tam has been promoted to Partner. In her new role, Sze will be leading DDK's Audit department, helping clients grow and improve their businesses, and developing DDK's next generation.

Sze started her career as a Junior Accountant in 2004, was promoted to Assurance Manager, and is now a Partner. She is a member of the New York State Society of Certified Public Accountants and the American Institute of Certified Public Accountants. Sze has a wide variety of expertise including non-profits, real estate, manufacturing, distributions and wholesalers, art galleries, jewelry, and employee benefits plans.

"Sze was promoted because of her ability to build great relationships with the clients," says Richard Klinghoffer, Co-Managing Partner. "Her technical accounting knowledge is exceptional, and she's a great team player and mentor to everyone in the Audit department."

DDK's rapid expansion has necessitated the creation of Sze's new position, as staff numbers need to increase to match an increasingly demanding workload. Sze's promotion is also part of DDK's firm-wide initiative to promote diversity in the workplace, as Sze is the first Asian-American and first Asian-American woman to hold the position of Partner at DDK.

About DDK & Company, LLP

DDK and Company offers a thoughtful balance of experience and innovation. We build on our strengths by drawing on the knowledge of our partners while expanding our menu of services into new fields. DDK has multiple offices in the Tri-state area, and we serve clients both locally and nationwide. Our partners provide a range of business consulting services, while our extensive Tax and Accounting departments manage those aspects of client portfolios. As we grow, we continue to position DDK as a multi-service provider that businesses of all sizes can trust. We're large enough to deliver services comparable to those offered by much larger firms, yet still modest enough in scope to provide personal service.

Find out more at https://www.ddkcpas.com/.

Find us on Facebook and LinkedIn.

DDK & Company, LLP, an accounting, tax, and consulting firm, announced on January 1 that Sze Man Tam has been promoted to Partner. In her new role, Sze will be leading DDK's Audit department, helping clients grow and improve their businesses, and developing DDK's next generation.

Related link: https://www.ddkcpas.com/

EnergyCAP’s Energy Information Management System Earns FedRAMP Authorization

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP, Inc. (ECI) is pleased to announce that its EnergyCAP® energy management information solution (EMIS) has been granted an Authorization to Operate (ATO) under the U.S. Government's FedRAMP program and is now an authorized participant in the FedRAMP Marketplace. The U.S. Department of State granted the ATO and is now the first EnergyCAP client in the FedRAMP environment.

The certification confirms that ECI's robust software platform and data hosting service meet the rigorous security requirements outlined by the Federal Information Security Management Act (FISMA). FedRAMP provides a uniform approach to risk-based security management and improves the trustworthiness, reliability, consistency, and quality of the federal security authorization process.

EnergyCAP is now the obvious choice for federal agencies in need of cloud-based utility bill tracking, management of submeter-based chargebacks for tenants and reimbursable activities, energy and sustainability reporting, goal tracking, and measurement and verification of savings (M&V).

ECI established a GSA contract (Contract #: GS35F231CA) in 2015 to streamline the EnergyCAP purchasing process for federal and other publicly funded organizations. By purchasing under ECI's GSA contract, organizations can bypass the costly and time-consuming public procurement process and are guaranteed to receive the lowest price available. The addition of FedRAMP-certified data hosting completes ECI's offering and reinforces EnergyCAP as the go-to energy management solution for federal agencies.

"We've served Federal agencies, including several military bases, with utility bill management and energy reporting software for decades. Obtaining an official Authorization to Operate in a cloud environment has been an important objective in serving more agencies and installations, and in satisfying important sustainability, energy reduction and expense accounting goals," according to Steve Heinz, ECI Founder & CEO.

Until now, many federal agencies have been required to host their EnergyCAP database on premises. By shifting the hosting responsibility to ECI, organizations reduce demands on their staff to maintain their EnergyCAP database(s), including software installation, setup, and maintenance. In addition to lower labor costs, agencies that license EnergyCAP no longer need to dedicate much-needed computer hardware and IT resources to host EnergyCAP on premises. The EnergyCAP implementation process is now much easier and faster, and customers can be confident that their data resides in a federally approved, secure hosting environment.

With the addition of the FedRAMP-certified hosting, ECI now offers three hosting service levels in addition to its Standard service: Advanced, Optimum, and FedRAMP. EnergyCAP customers that may want expanded services-multiple databases, automated process support, multi-factor authentication, event logging, and more-are encouraged to visit the company's Hosting Services page to learn about available options.

Learn more: https://www.energycap.com/pricing/database-hosting-services

About EnergyCAP:

EnergyCAP, Inc. has helped more than 10,000 energy managers in government, education, and commercial organizations derive value from their utility bills and energy data. Clients use our comprehensive EnergyCAP software-based solution to streamline utility bill processing and auditing, track energy and greenhouse gas data, process campus chargebacks, target reduction goals, benchmark facilities, submit to ENERGY STAR, measure and verify energy & cost savings, create budgets and forecasts, and much more.

Learn more at: https://www.energycap.com/

MEDIA CONTACT INFORMATION
For more information contact:
Blaine Clapper
Chief Marketing Officer
EnergyCAP, Inc.
Phone: 877.327.3702 x38
Email: blaine.clapper@energycap.com

*LOGO link for media: https://www.Send2Press.com/300dpi/21-0108s2p-energycap-300dpi.jpg

EnergyCAP, Inc. (ECI) is pleased to announce that its EnergyCAP® energy management information solution (EMIS) has been granted an Authorization to Operate (ATO) under the U.S. Government's FedRAMP program and is now an authorized participant in the FedRAMP Marketplace. The U.S. Department of State granted the ATO and is now the first EnergyCAP client in the FedRAMP environment.

Related link: https://www.energycap.com/

Paramount Property Tax Appeal Offers Free Evaluation to Affluent Homeowners and Business Property Owners, RE: ‘Tax-Reduction Solutions & Overcoming Changes to Tax Laws’

SAN DIEGO, Calif. /ScoopCloud/ -- Now that California Proposition 19 has passed, Wes Nichols, president of Paramount Property Tax Appeal Service in San Diego has decided to offer a free evaluation to affluent families, business property owners and homeowners who are transferring property to heirs or simply wish to lower their property taxes, or appeal their tax bill.

Families & individuals are invited to call the firm directly, or to drop by the office, to receive a free property tax reduction or tax appeal evaluation. Mr. Nichols is advising upscale California property owners that, "Property tax relief will be severely limited by changes to Proposition 58's Parent-to-Child Exemption. There are only 8-weeks left to prepare, evaluate and potentially appeal property taxes - usually reducing property tax by 20% to 30%."

The Paramount firm is stressing the fact that homeowners and commercial property owners are running out of time to prepare for changes to California property tax relief, that, if not addressed in Dec or Jan, will cost families and businesses thousands of dollars in unexpected, additional property taxes. Mr. Nichols states this is why Paramount Property Tax Appeal is opening their doors & phone lines to California property owners and families inheriting real property - so they can take advantage of the firm's offer, for the first time in their corporate history, to get a free evaluation focusing on Property Tax Reduction; Property Appraisal; Real Property Tax Appeal, Business Property Tax Appeal, and Business Personal Property Tax Compliance.

Company president Wes Nichols announced this week: "We can't emphasize enough how important it is for families to get in right now - this week or next week - to see us, so we can evaluate their estate planning and property tax situation, and complete their paperwork to lock in their future tax base. With Proposition 19 becoming property tax law, Californians only have until Feb. 2021 to complete estate planning, in order to pass down low assessed values to their children.

"Proposition 19 is designed to eliminate the Parent-to-Child Exemption (or Exclusion), for properties that are not owner-occupied homes within 12-months. This means homes, apartment buildings and other commercial properties will all be assessed at current, full market value when you transfer title to your children. As for appeals, we have an 80% success rate, which is a testament to our dedication and hard work for our clients."

It is worth noting that Paramount Property Tax Appeal is one of the few property tax firms in California that provides a large staff and complex data-system for proprietary property tax reduction solutions and tax appeal programs - guaranteeing parents the ability to pass down their low assessed value in the future to their children. Even if property is held in an LLC or a trust.

Mr. Nichols goes on to explain: "This year, Californians face unprecedented tax challenges unlike any year prior; due in part to the Coronavirus shutdown and resulting economic crisis, severely impacting property values and estate planning. Families with estate planning needs have to realize they only have 8-weeks left before the doors for California property tax relief from Proposition 13 and Proposition 58 slam shut - when Proposition 19 becomes active. This will dismantle tax breaks protected by the Parent-to-Child Exemption, which allows you to avoid property tax reassessment at current market rates."

"Folks should understand that by engaging us now, you start the process of setting up your tax appeal; to reduce your overall tax burden. Waiting until you're too close to the appeals deadline can be a recipe for disaster! Bottom line, we truly enjoy helping people - no matter what their net worth or property values are."

To get a free evaluation for trusts, estate planning, property tax appeals and property tax reduction, property owners can call the firm's main line at (858) 225-1200 with the option to discuss over the phone, or to come in and review their property tax and/or business personal property tax needs with a property tax specialist.

Paramount Property Tax Appeal
* Call: President Wes Nichols at (888) 385-9203
* Email: wes@pptaxappeal.com
* Website: https://www.paramountpropertytaxappeal.com
* https://www.facebook.com/ParamountPropertyTaxAppeal

Now that California Proposition 19 has passed, Wes Nichols, president of Paramount Property Tax Appeal Service in San Diego has decided to offer a free evaluation to affluent families, business property owners and homeowners who are transferring property to heirs or simply wish to lower their property taxes, or appeal their tax bill.

Paramount Property Tax Appeal Offers Free Consultation to California Property Owners, RE: ‘Tax-Reduction Solutions & Overcoming Changes Limiting Tax Breaks’

SAN DIEGO, Calif. /ScoopCloud/ -- Wes Nichols, president of Paramount Property Tax Appeal Service, is reminding California property owners that property tax relief will be severely limited by changes to the Proposition 58 Parent-to-Child Exemption, as Prop 19 will soon become law.

The Paramount firm is inviting property owners and families looking to lower their property taxes and/or transferring property to heirs, to get a free consultation There are only 3 months left to prepare, evaluate and potentially appeal property taxes - typically reducing property tax bills by 20% to 30%. Residential and commercial property owners are urged to prepare for specific changes to long standing property tax relief in California.

Paramount Property Tax Appeal is inviting California property owners to take advantage of the firm's unprecedented offer of a free consultation focusing on Property Tax Reduction; Property Appraisal; Real Property Tax Appeal, Business Property Tax Appeal, and Business Personal Property Tax Compliance.

Company president Wes Nichols announced this week: "Families have to get in now to see us so we can complete their paperwork, in terms of locking in their future tax base. With Proposition 19 becoming property tax law, folks only have until Feb. 2021 to complete estate planning, in order to pass down low assessed values to their children. Prop 19 is designed to eliminate the Parent-to-Child Exemption for properties that are not owner-occupied homes within a year. This means homes, apt. buildings and other commercial properties are all assessed at full market value when you transfer title to your children."

Paramount Property Tax Appeal is one of the few property tax related firms in California that offers unique property tax reduction solutions and proprietary programs to make sure parents can pass down their low assessed value in the future to their children. Even if property is held in an LLC or trust.

Mr. Nichols explains: "This year, Californians face unprecedented tax challenges unlike any year prior; due in part to the COVID shutdown and resulting economic crisis, impacting property values and estate planning. However, families with estate planning needs have only 3 months before the doors for California property tax relief from Proposition 13 and Proposition 58 slam shut - as Proposition 19 becomes law. Thereby dismantling key tax breaks protected by the Parent-to-Child Exemption - avoiding property tax reassessment at current market value."

"Folks should understand that by engaging us now, you start the process of setting up your tax appeal; to reduce your overall tax burden. Waiting until you're too close to the appeals deadline can be a recipe for disaster! Bottom line, we truly do enjoy helping people - middle class and working families, not just wealthy folks."

For the first time since its inception, Paramount is offering a free consultation on trusts, estates, property tax appeals and property tax reduction issues, to all California property owners interested in lowering their property tax bill, as well as transferring real property to their heirs. Property owners can call the firm's main office at 858.225.1200 with the option to come in and sit down informally with a property tax specialist, and discuss their property tax and/or business personal property tax issues.

Paramount Property Tax Appeal
Call: President Wes Nichols at (888) 385-9203
Email: wes@pptaxappeal.com

Website: https://www.paramountpropertytaxappeal.com/

Facebook: https://www.facebook.com/ParamountPropertyTaxAppeal

Wes Nichols, president of Paramount Property Tax Appeal Service, is reminding California property owners that property tax relief will be severely limited by changes to the Proposition 58 Parent-to-Child Exemption, as Prop 19 will soon become law.

Certified Tax Resolution Specialist, James Cha from Ace Plus Tax Resolution, Advises Non-Filers to File Their Back Tax Returns Now

LOS ANGELES, Calif. /ScoopCloud/ -- James Cha, a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, urges taxpayers to file their tax returns as soon as possible, even if they missed the tax deadline or can't pay off, as they're only increasing their tax bill by delaying.

The IRS has started again to send the collection notices to taxpayers from late October. These notices were paused due to COVID-19. Now, the IRS's mail backlog is caught up enough to enforce non-payments, and they will start levy, lien, and other threatening collection activities.

The IRS has slowed down in many aspects due to COVID-19, but they never stopped investigating people who haven't filed tax returns. Pursuing non-filers can be one of the IRS's most efficient enforcement strategies because issuing non-filer notices can be a cost-effective tool that requires little more than automated notices.

There is an ever-increased chance that the IRS will start ramping up their collection activities right after the presidential election is over.

Consequences of Non-Filing

Why are there so many non-filers? Quite many people misunderstand and think, "If I don't file, then the IRS won't know. Then the IRS cannot pursue, lien, or levy me." Or, "I didn't get any notices the following year. I must've gotten away."

"However, this isn't true," says Ace Plus Tax Resolution's Certified Tax Resolution Specialist(R), James Cha. "Taxpayers are only increasing their tax bills by not filing and waiting. The IRS will investigate and catch up with non-compliant cases in the following years. Once the IRS system discovers those cases, it will send out warning letters and threaten non-filers. Failure to file a tax return may be construed as a criminal act by the IRS and can be punishable by up to one year in jail for each year not filed. If left unresolved, the non-filers find themselves in a tough spot when the IRS freezes their bank accounts, garnishes their wages, seizes or sells their assets, suspends their passports, takes their retirement funds, takes their home, and so much more."

Why Should Non-Filers File Tax Returns As Soon As Possible?

If a taxpayer hasn't filed tax returns in the past several years, it is strongly recommended that they file their returns as soon as possible, even if they can't pay them off at the moment.

If taxpayers fail to file or pay the returns, the IRS will keep adding penalties at an extremely high rate and also charge them interest. The IRS charges 5% of the amount due every month for failure to file, and 0.5% for failure to pay for a maximum of 25% each. Because of 0.5% reduction in penalty for any month, the maximum penalty amount combined is 47.5% of the taxes owed.

Compliance is Required before Resolution

Ace Plus Tax Resolution can bring you back to compliance by filing back tax returns, which will stop the failure-to-file penalty. What's important is that the taxpayer needs to be "current" with any filing obligations to be eligible for any back tax liability settlement with the IRS.

To be Current, You Must:

1. File tax returns for the most recent six years, and

2. Make current tax payments.
a. sufficient withholding (W-2 employee)
b. estimated tax payments (self-employed)
c. quarterly payroll tax deposits (business)

Ace Plus Tax Resolution's solutions include:

If qualified, Offer in Compromise allows a negotiation to settle back tax liability for a substantially reduced amount from the full amount owed. Keep in mind that the IRS can reject the offer if the financial documents are not professionally prepared or the taxpayer is not in compliance with the IRS. For applicants who have not filed all of their tax returns or made all required estimated tax payments or deposits, their offers will be rejected.

The Installment Agreement is for those who are unable to make the full tax payment immediately. There is a limit to how much they can owe to qualify for the agreement for online application. Thus, non-filers should consult with a tax relief professional for detailed information.

Another method is to see if they qualify for a Currently Not Collectible status upon submitting a financial statement. If the taxpayers have no means to pay the debt at the moment or anytime soon, they can request the IRS to delay the collection process until their financial situation improves. Note that this doesn't mean the back tax liability will disappear - the IRS can come back and collect your taxes years later. Other solutions include lien relief, release of wage or bank levies, penalty abatement, Bankruptcy Dischargeability Analysis, etc., depending on the non-filer's situation.

James adds on and says, "the IRS is making deals right now for back tax liability due to COVID-19. So, now is the best time to negotiate with the IRS."

Bottom Line

Without these alternative solutions, the amount the taxpayer owes to the IRS can become so massive that they cannot pay off the amount. It's like this huge snowball rolling downhill, getting bigger and bigger with growing penalties and interest. In fact, millions of taxpayers in America are delinquent in filing tax returns and are struggling to pay the IRS.

If you're struggling with tax problems, it is strongly recommended that you seek help from tax relief experts who can guide you through the most suitable resolution method and reduce the liability owed to the IRS to the lowest amount possible if you qualify. This can resolve your non-filing problems effectively and permanently.

Learn more at - https://AcePlusTaxResolution.com

Watch why you should file back tax returns here and how a tax professional can help you: https://www.youtube.com/watch?v=6-761u9qxJs

James Cha is a CPA and Certified Tax Resolution Specialist(R) at Ace Plus Tax Resolution, providing permanent solutions to taxpayers with IRS and state tax problems. He has been representing his clients and dealing with the IRS for over 30 years. His practice is in Los Angeles, but his clients are across the nation. Call us at (213) 600-7388 or email at James@AcePlusTaxResolution.com.

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James Cha, a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, urges taxpayers to file their tax returns as soon as possible, even if they missed the tax deadline or can't pay off, as they're only increasing their tax bill by delaying.

Related link: https://AcePlusTaxResolution.com/

EnergyCAP, Inc. Celebrates 40th Anniversary with New Headquarters, Logo, Training Services, and More

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP, Inc. (ECI) is pleased to announce a list of notable accomplishments as it celebrates its 40th anniversary in 2020.

New EnergyCAP Headquarters

ECI employees will begin operating from the company's new state-of-the-art, 20,000-square-foot headquarters facility this month.

The building is located on a prime lot in the Boalsburg Technology Park. To the south, there are beautiful unobstructed views of Tussey Mountain, and to the north, Mount Nittany. The site is directly adjacent to the planned Harris Township Tussey Pond Park and connects to the recently developed network of hiking and mountain bike trails of the Harvest Fields Community Trail System. Besides enjoying the inspiring mountain views, employees and family members will have free and easy access to disc golf, miles of trails, fishing, a picnic pavilion, fitness center, local bus service, and streams and ponds, with convenient childcare available next door.

ECI's new address is: EnergyCAP, Inc., 360 Discovery Drive, Boalsburg, PA 16827.

New Logo and Icons

ECI's 40-year anniversary year became a great occasion to modernize the company's logo. The new design is displayed on the new headquarters facility and is being rolled out to the software and webpages: https://www.energycap.com/

EnergyCAP Academy

The pandemic forced ECI to cancel its popular national Catalyst training conference in April, in addition to other in-person training opportunities. In quick response, the company created EnergyCAP Academy, a collection of online training courses that EnergyCAP users can complete at their own pace.

The EnergyCAP Academy courses are an easy and convenient way for users to develop EnergyCAP Version 7 skills and earn Professional Development Hours (PDH). The collection of Academy training programs starts with EnergyCAP Fundamentals. From there, users can complete programs focused on energy management functionality, utility bill accounting, and chargebacks accounting. Users can also confirm their mastery of EnergyCAP's concepts and functionality by successfully completing an online exam to earn the Mastery of EnergyCAP certificate.

Additional information about the Academy courses and other valuable EnergyCAP services is accessible through ECI's Customer Services Catalog within the online Help Center.

FedRAMP Marketplace

Independently verified compliance with strict federal information security regulations is a gold standard for software. After a two-year effort to upgrade and certify software, policies, testing protocols, cloud hosting environment, internal networks, and even building physical security, EnergyCAP is now the only energy information software in its class to be listed in the FedRAMP Marketplace.

The Marketplace listing, in conjunction with a GSA contract, makes it easier than ever for federal agencies and other publicly funded organizations to license and implement EnergyCAP.

Business Process Outsourcing (BPO)

ECI launched its Bill CAPture utility bill process service in 2015, and the scope of available services has grown considerably over the past five years. Focusing initially on obtaining and processing utility bills, Bill CAPture added an Account Management service in 2019 and now completes the monthly utility bill process by offering bill payment services.

Organizations looking to reduce bill processing costs and eliminate late fees should contact ECI to learn more about how Bill CAPture can help.

EnergyCAP, Inc.'s CEO, Steve Heinz commented, "What a year it has been! And let me say that 40 times for the last forty years. Beginning with the simple proposition in 1980 that emerging PC technology could take the pain out of tracking energy information and validating troublesome utility bills, EnergyCAP software now processes millions of bills annually valued at tens of billions of dollars, and is a trusted tool for thousands of energy management and utility accounting professionals. Our beautiful new corporate headquarters is the perfect venue for the next 40 years of innovation and growth."

About EnergyCAP

EnergyCAP, Inc. has helped more than 10,000 energy managers in government, education, and commercial organizations derive value from their utility bills and energy data. Clients use our comprehensive EnergyCAP software-based solution to streamline utility bill processing and auditing, track energy and greenhouse gas data, process campus chargebacks, target reduction goals, benchmark facilities, submit to ENERGY STAR, measure and verify energy & cost savings, create budgets and forecasts, and much more. Learn more: https://www.energycap.com/

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0902s2p-energy-cap-300dpi.jpg

EnergyCAP, Inc. (ECI) is pleased to announce a list of notable accomplishments as it celebrates its 40th anniversary in 2020. ECI employees will begin operating from the company's new state-of-the-art, 20,000-square-foot headquarters facility this month.

Related link: https://www.energycap.com/

HomeWork Solutions Sees Huge Demand in Nanny-Share and Education PODS during COVID Epidemic

STERLING, Va. /ScoopCloud/ -- HomeWork Solutions (HWS), industry experts in household payroll and employment taxes, have announced a major effort to support working families interested in Nanny Share and Educator PODs. This action is in direct response to families struggling to find in-home caregivers for their children and continuing their educational learning. According to industry sources, the number of children not returning to school has more than tripled in the past year.

"We know families are struggling to find solutions for in-home care and to facilitate distance learning. HWS is committed to providing payroll and tax support to these families immediately, so they can focus on their family worry-free," says Jay Schulze, President of HomeWork Solutions. "For 27 years, we have worked side by side with families to help take the burden of payroll and taxes off their plates."

HWS offers easy, straight-forward payroll and tax support once families have secured their new hires. Our commitment to the best customer service in the industry is guaranteed to all of our clients. We offer free consultation to explain in detail all the potential pitfalls and offer best in class solutions to ensure you and the worker are covered from all angles.

To further support families during this difficult time, HomeWork Solutions will waive all enrollment fees for new clients joining as part of a nanny share, education pod, or other shared employment arrangement. Existing clients who refer another family to HWS as part of a shared employment agreement will receive a $100 credit on their account.

Call us today for your free evaluation and Nanny Share Starter Kit at 866.959.7812 or enroll online at HomeWorkSolutions.com: https://www.homeworksolutions.com/learning-pods-nanny-shares/

HomeWork Solutions, Inc. has provided payroll and tax preparation services to families nationwide since 1993. As experts providing services to tens of thousands of families, the staff at HomeWork Solutions has been a trusted resource for household employers, as well as publications such as the Wall Street Journal, New York Times, Fox, The Washington Post, and many more.

Homework Solutions provides free consultations to families, CPAs, and other financial professionals at 866.959.7812 or online at https://www.homeworksolutions.com/.

More information about Household employer tax obligations can be found in IRS Publication 926- Household Employer's Tax Guide (PDF): https://www.irs.gov/pub/irs-pdf/p926.pdf.

Twitter: @4NannyTaxes #NannyTaxes #LearningPods #PrivateEducator

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HomeWork Solutions (HWS), industry experts in household payroll and employment taxes, have announced a major effort to support working families interested in Nanny Share and Educator PODs. This action is in direct response to families struggling to find in-home caregivers for their children and continuing their educational learning.

Related link: https://www.homeworksolutions.com/

KROST Launches PPP Loan Forgiveness Review Services for Borrowers and Lenders

PASADENA, Calif. /ScoopCloud/ -- Award-winning tax, accounting, and consulting firm, KROST, announced the launch of their PPP Loan Forgiveness Application Review Service for both Borrowers and Lenders. The services are intended to aid both borrowers and lenders by taking on the burden of calculating forgiveness values, checking that expenses conform to the SBA forgiveness rules, and ensuring that the underlying documentation verifies those expenses.

The PPP Forgiveness Review Service for borrowers includes reviewing the actual expenses incurred by the borrower during the covered period, calculating the forgiveness amount taking into account all the rules, reviewing and assembling the necessary backup documentation that is required, and creating an electronic binder that can be sent to the lender. The PPP Forgiveness Review Service for lenders includes, independently reviewing the actual expenses claimed by the borrower during the covered period, independently calculating the forgiveness amount, ensuring the documentation substantiates the claimed expenses, and reporting any errors or omissions.

Paren Knadjian, who leads the firm's M&A and Capital Markets practice and has a background in debt financing, and as a fractional CFO, has taken the lead on the KROST PPP Services.

"While the PPP loan program has been hugely successful at injecting capital into businesses suffering from the consequences of COVID-19, the rules and regulations surrounding forgiveness can be complex and burdensome. The KROST PPP Loan Forgiveness Review Service is aimed at assisting both borrowers and lenders to complete the forgiveness application process in an accurate, timely, and stress-free manner," said Paren Knadjian.

In addition to the PPP Forgiveness Services, the firm has also developed a COVID-19 Resource Center as a hub for businesses and individuals to access the latest tax, accounting, and HR news on the Coronavirus. Learn more: https://www.krostcpas.com/covid-19-resource-center

ABOUT KROST CPAS & CONSULTANTS

Established in 1939 in Pasadena, California, KROST is a full-service certified public accounting and consulting firm serving clients across various industries in the areas of tax, accounting, consulting, assurance and advisory, M&A and capital markets, corporate tax incentives, and wealth management.

For more information about KROST, please visit https://www.krostcpas.com/

FOR MORE INFORMATION, CONTACT:
Bethany Wolfe
Marketing Director
(626) 508-1792

Award-winning tax, accounting, and consulting firm, KROST, announced the launch of their PPP Loan Forgiveness Application Review Service for both Borrowers and Lenders. The services are intended to aid both borrowers and lenders by taking on the burden of calculating forgiveness values.

Related link: https://www.krostcpas.com/

Don Baham accepted into invitation-only Forbes Technology Council

NASHVILLE, Tenn. /ScoopCloud/ -- Don Baham, President of Kraft Technology Group, LLC (KTG) has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.

Don Baham was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

"We are honored to welcome Don into the community," said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. "Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world."

As an accepted member of the Council, Don has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Don will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Finally, Don will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.

"I am honored to represent the Nashville community as a member of the Technology Council," said Don Baham. "I'm looking forward to engaging with other members of the council across the country and locally. KTG is a leader in IT management and cyber security for healthcare, financial services, manufacturing, and non-profit organizations throughout the southeast. Membership in the council further demonstrates our thought leadership in this space."

ABOUT FORBES COUNCILS

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Technology Council, visit https://forbestechcouncil.com/. To learn more about Forbes Councils, visit http://forbescouncils.com/.

ABOUT KRAFT TECHNOLOGY GROUP

Part of the KraftCPAs family of companies since 1992, Kraft Technology Group has been providing Computer Services, I.T. Security, Network Support, and Managed I.T. Services in the greater Nashville Tennessee area and beyond. Our mission is to empower small and midsize businesses to efficiently and securely utilize best of breed technology, so they can focus on reaching and exceeding their strategic goals.

Visit https://www.kraftgrp.com/ to learn more.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0128s2p-Don-Baham-300dpi.jpg
*Photo caption: Don Baham, Forbes Technology Council.

Media Contact:
Don Baham
Kraft Technology Group
615-235-0434
info@kraftgrp.com

Don Baham, President of Kraft Technology Group, LLC (KTG), has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.

Related link: https://www.kraftgrp.com/

Sasha Baluka Promoted to Partner at Bessolo Haworth, a Leading West Coast Tax, Accounting and Business Advisory Firm

SHERMAN OAKS, Calif. /ScoopCloud/ -- Bessolo Haworth, a leading West Coast tax, accounting and business advisory firm, announces the promotion of Sasha Baluka to partner. Baluka will continue to manage some of the firm's largest clients and will now also work with the firm's partners to manage and lead the organization.

"This was the perfect time to promote Sasha to partner," said the firm's Managing Partner, Larry Haworth. "In addition to her expertise in the manufacturing, retail and distribution segments, Sasha is a leader who works collaboratively with staff and others to ensure an exceptional level of client service."

"I look forward to this new chapter in my relationship with Bessolo Haworth," said Baluka. "Over the past year-and-a-half, I've seen how the partners lead and I'm confident that we will continue to build a firm that is relevant into the future."

Baluka, a graduate of California State University Northridge, joined the firm as a principal in late 2018. She is a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants. She has been honored by the San Fernando Valley Business Journal as a "Trusted Advisor" and was nominated for recognition as a "Women in Business" honoree.

About Bessolo Haworth:

Based in Sherman Oaks, California, Bessolo Haworth was founded by John Bessolo, Larry Haworth and Peggy Clark in 2007. Featuring CPAs, licensed tax and investment professionals and other expert staff, the independent firm's core expertise includes accounting and auditing, income tax planning and preparation, estate planning and compliance, investment consulting and business advisory services. The firm serves middle-market companies and high net-worth individuals throughout California and beyond. The firm has two other office locations in San Rafael, California and in Gig Harbor, Washington.

To learn more, visit: https://www.bhcpagroup.com/

MEDIA ONLY CONTACT
Pegi Matsuda
Pegi Matsuda Consulting
+1-818-493-6664 (media only)
pegi@pegimatsuda.com

Bessolo Haworth, a leading West Coast tax, accounting and business advisory firm, announces the promotion of Sasha Baluka to partner. Baluka will continue to manage some of the firm's largest clients and will now also work with the firm's partners to manage and lead the organization.

Related link: https://www.bhcpagroup.com/

Rapid Deployment Solutions and nipendo Sign Reseller Agreement

BOSTON, Mass. /ScoopCloud/ -- nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo's RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation - the world's first RPA platform for P2P and AP processes automation designed and built over AI architecture and infrastructure, which facilitates modularity, flexibility and transparency, supporting endless variations of P2P process logic through configuration only, and zero coding.

"Making the decision to work with our platform is simple, as our customers, tier 1 global enterprises, have been working with it over the past decade and have seen an incredible transformation of efficiencies and a significant reduction in procurement, supply chain and AP costs," says Eyal Rosenberg, co-Founder and CEO of nipendo. "We're excited about working with RDS - a vibrant and energetic company that we believe will elevate nipendo to new heights in North America," he added.

"We are excited to offer nipendo's cloud-based platform to help businesses streamline procure-to-pay processes, and to interact with suppliers electronically, touch-free and error-free," said Greg Kowalik, President, Rapid Deployment Solutions (RDS). "Our reseller agreement with nipendo will make it easier than ever for RDS's North American customers to adopt and benefit from this leading trading platform," he added.

The platform supports enterprises in three primary ways:
1) Extends existing P2P processes: Enables suppliers to seamlessly participate in enterprise processes, reduces over 50% of procurement and AP costs by replacing manual invoice reconciliation and manual order fulfillment work with self-provisioned process governance and machine automated governance and validations.
2) Scales supplier adoption rate: Hundreds or thousands of suppliers can be onboarded within weeks or months - all sizes and types, regardless of their connection mode (portal/email/mobile/integration). Plug-ins to over 50 ERP packages require no custom work per connection (Connect-Once-Communicate-with-All). Record supplier adoption rate of over 90% of enterprise supplier base.
3) Automates: Smart-Bots replace manual workflows, process fulfillment follow-up, automate decision making and autonomous invoice reconciliation, resulting in over 50% cost reduction, process cycle time reduction, elimination of all errors, disputes, and fraud opportunities and achieves over 95%-touch-free and error-free procure-to-pay processes fulfillment.

The nipendo platform became available June 1, 2020. For more information, visit https://nipendo.com/lp/p2p-automation.

About nipendo

Founded in 2010, nipendo is dual headquartered in Netanya, Israel and in Boston, Massachusetts. The company's RPA platform for P2P process automation streamlines and simplifies interactions between enterprises (buyers) and their suppliers across all spend categories of goods and services, and all supplier types and sizes. The company boasts such customers as Intel, KLA Tencor, Teva Pharmaceuticals, Unilever, Kodak alaris, Israel Aerospace Industries, HP, Elbit Systems, Check Point and more. For more information, visit https://www.nipendo.com/

About Rapid Deployment Solutions

Headquartered in Fort Lauderdale, Florida, Rapid Deployment Solutions (RDS) is a leader in providing strategy, planning, and implementation of Content & Records Management solutions and process automation with a focus on P2P processes and ERP systems integration. RDS has applied its industry knowledge and expertise to help Fortune 100 customers become more competitive, efficient, and profitable through the application of innovative technologies, greater efficiencies, and cloud solutions. For more information, visit https://www.rds-consulting.com/

MEDIA ONLY CONTACT:
Jason McCloy
Circus Interactive Agency
+1-704-255-5787
media@circusllc.com

nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo's RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation.

Related link: https://www.rds-consulting.com/

KROST CPAs & Consultants Provides Much-Needed Help to Businesses Affected by the Economic Downturn Caused by the COVID-19 Pandemic

LOS ANGELES, Calif. /ScoopCloud/ -- Los Angeles-based firm, KROST CPAs & Consultants, has launched several programs to assist businesses during the Coronavirus pandemic. Since April 2020, the firm has assisted hundreds of businesses and individuals through the development of COVID-19 resources that have guided them through the process of choosing, applying, and qualifying for emergency loan programs. To date, the firm has helped more than 200 firms and sole proprietors apply for, and receive, more than $150 million in total loans.

KROST hosted two virtual webinars to provide insight into the EIDL and PPP loan programs - who can apply, what the terms of the loans were, how to apply, and how to use the proceeds once they receive funds. Now, the firm has launched the PPP Budgeting and Forgiveness Maximization Tool, a proprietary tool that allows users to plan, budget, and track expenditures on a week-by-week basis. The tool has all the current known rules on forgiveness programmed into it.

Paren Knadjian, who leads the firm's M&A and Capital Markets practice and has a background in debt financing, and as a fractional CFO, has taken the lead on the emergency loan programs. He, along with a team at KROST, developed the PPP tool with KROST clients in mind.

"From day one, we used our role as trusted advisors, to keep our customers informed of the detailed terms of these government-backed loans and helped many of them with the application process. Now that many of them have received the funds, we are guiding them through best practices on the use of proceeds and providing them with a proprietary tool to ensure they optimize loan forgiveness. The next step will be to provide them with the resources necessary, such as accounting and fractional CFO services, to ensure they emerge from business closures with a plan and a budget that maximizes their ability to make an economic recovery," remarked Paren Knadjian.

In addition to the emergency loan forgiveness assistance, the firm also developed a COVID-19 Resource Center as a hub for businesses and individuals to access the latest tax, accounting, and HR news on the Coronavirus. Learn more: https://www.krostcpas.com/covid-19-resource-center

ABOUT KROST CPAS & CONSULTANTS

Established in 1939 in Pasadena, California, KROST is a full-service certified public accounting and consulting firm serving clients across various industries in the areas of tax, accounting, consulting, assurance and advisory, M&A and capital markets, corporate tax incentives, and wealth management.

For more information about KROST, please visit http://www.krostcpas.com/

Los Angeles-based firm, KROST CPAs & Consultants, has launched several programs to assist businesses during the Coronavirus pandemic. Since April 2020, the firm has assisted hundreds of businesses and individuals through the development of COVID-19 resources.

Related link: https://www.krostcpas.com/

EnergyCAP, Inc. Receives Inc. Magazine ‘Best Workplaces’ Award

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP, Inc. (ECI) has been named to Inc. Magazine's annual list of the Best Workplaces for 2020 will hit newsstands May 12, and is the result of a wide-ranging and comprehensive measurement of private American companies that have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits.

ECI, developer of the widely used EnergyCAP(R) utility bill accounting & energy management software, currently employs 62 people at its State College, PA headquarters. The company also has employees in Virginia, Mississippi, and Texas. Organizations across government, education, and commercial sectors count on ECI's flagship product, EnergyCAP, and complementary services for streamlined utility bill processing and auditing, energy and greenhouse gas data tracking & reporting, processing campus and tenant distributions, benchmarking facilities, meeting ENERGY STAR submission requirements, measuring and verifying energy savings, and more.

To determine its award winners, Inc. collected data from more than 3,000 submissions and singled-out 395 finalists. Employees from each nominated company then took part in a survey on topics that included trust, management effectiveness, perks, and confidence in the future. After analyzing and auditing the data, Inc. noted, "The strongest engagement scores came from companies that prioritize the most human elements of work. These companies are leading the way in employee recognition, performance management, and diversity."

ECI's Founder & CEO, Steve Heinz, gratefully accepted the Inc. award, stating, "My thanks to Inc. for official confirmation of what we already knew. EnergyCAP is a great place to work-not because of the facility (although our new corporate headquarters in Boalsburg, PA will be the best office setting in the county), but because of the total package. Study after study has found that the two most important keys to a healthy and satisfying life are quality relationships and meaningful work. Our HR program takes a life coaching approach to developing and nurturing personal and professional relationships, while our 'Top Product' award-winning software makes an important contribution to environmental sustainability and a greener future."

"Building a great corporate culture comes only from strong leadership," says Inc. magazine Editor-In-Chief Scott Omelianuk. "The companies on Inc.'s Best Workplaces list are setting an example that the whole country can learn from, especially now, when company culture is more important to the workforce than ever."

About EnergyCAP

EnergyCAP, Inc., celebrating its 40th anniversary in 2020, has helped more than 10,000 energy managers in government, education, and commercial organizations derive value from their utility bills and energy data. EnergyCAP, Inc. is a multiple year winner of ENERGY STAR Partner of the Year, Inc. 5000 Fastest Growing Private Companies, and Environmental Leader's Product of the Year. In addition to our award-winning utility bill & energy management software, we provide bill processing, implementation, training, and support services to deliver a comprehensive utility bill accounting and energy management solution. Learn more: https://www.energycap.com/.

About Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month. Its prestigious Inc. 5000 list analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. For more information, visit http://www.inc.com/.

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EnergyCAP, Inc. (ECI) has been named to Inc. Magazine's annual list of the Best Workplaces for 2020 will hit newsstands May 12, and is the result of a wide-ranging and comprehensive measurement of private American companies that have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits.

Related link: https://www.energycap.com/

Rapid Deployment Solutions Selected to Improve Federal Alcohol Tax & Trade Bureau Audits Responsiveness for a Large Distillery

FORT LAUDERDALE, Fla. /ScoopCloud/ -- Rapid Deployment Solutions (RDS) - a leading Content & Records Management solutions company - is excited to announce that it has been selected by one of the largest North American distillers and alcohol distributors to improve their Accounts Payable process, AP audit support, Customer Service support, and to increase responsiveness to the U.S. Federal Alcohol Tax & Trade Bureau (TTB) Audits.

"We are committed to our client's success and their maximum customer satisfaction," said Greg Kowalik, President of Rapid Deployment Solutions. "RDS has extensive experience in Enterprise Information Management and SAP, particularly deploying applications and processes that support digital transformation."

The Accounts Payable solution implemented by RDS digitized vendor invoice processing, shortened response times to both vendor inquiries and audits. All historical documents that were still auditable were scanned and linked with the corresponding SAP transactions for a seamless integration. All incoming paper and email invoices are digitized first and always associated with the proper ERP vendor invoice, improving the overall process, invoice approvals, and allowing capture of early payment discounts, which provides millions of dollars in savings.

The solutions implemented to shorten audit response times and improve customer satisfaction leveraged SAP Extended ECM by OpenText. All sales-related documents are associated with their corresponding transactions in SAP; they are fully searchable and placed under records management. Federal Alcohol Tax & Trade Bureau (TTB) Audits are supported now much more efficiently. Customer support inquiries have a shorter duration, which improves overall customer satisfaction.

More information: https://www.rds-consulting.com/news/2020/3/30/rds-improves-federal-alcohol-tax-trade-bureau-audits-responsiveness

About Rapid Deployment Solutions

Headquartered in Fort Lauderdale, Florida, Rapid Deployment Solutions (RDS) is a leader in providing strategy, planning, and implementation of Content & Records Management solutions. RDS has applied its industry knowledge and expertise to help Fortune 100 customers become more competitive, efficient, and profitable through the application of innovative technologies, greater efficiencies, and cloud solutions. For more information, visit https://www.rds-consulting.com/.

MEDIA ONLY CONTACT:
Jason McCloy
Circus Interactive
+1-704-255-5787
media@circusllc.com

Rapid Deployment Solutions (RDS) - a leading Content & Records Management solutions company - is excited to announce that it has been selected by one of the largest North American distillers and alcohol distributors to improve their Accounts Payable process, AP audit support, Customer Service support, and to increase responsiveness to the U.S. Federal Alcohol Tax & Trade Bureau (TTB) Audits.

Related link: https://www.rds-consulting.com/

Don Baham invited to join Nashville Business Journal Leadership Trust

NASHVILLE, Tenn. /ScoopCloud/ -- Don Baham, President of Kraft Technology Group, LLC (KTG), has been invited to join Nashville Business Journal Leadership Trust, an exclusive community for influential business leaders, executives and entrepreneurs in Middle Tennessee.

Don was chosen for membership by the Nashville Business Journal Leadership Trust Selection Committee due to his experience, leadership and influence in the local business landscape and beyond. Don is responsible for delivering IT strategic planning and virtual CIO services, the development of client relationships, bringing new solutions to the market, and leading the strategic direction of KTG.

As an invited member, Don will contribute articles to the Nashville Business Journal website and participate alongside fellow members in Expert Panels. He will connect and collaborate with a vetted network of local leaders in a members-only directory and a private forum on the group's mobile app. Don will also benefit from leadership and business coaching, an Executive Profile on the Nashville Business Journal website, select partner discounts and services and ongoing support from the community's concierge team.

"I am honored to be selected to the Nashville Business Journal Leadership Trust as the first Managed IT and Security leader to join," said Don Baham. "I'm looking forward to contributing to the community through the Trust and engaging with the other 10 leaders currently part of the group. There are so many great leaders in Nashville, it will be exciting to see this group continue to expand."

The Nashville Business Journal Leadership Trust team is honored to welcome Don to the community and looks forward to helping him elevate his personal brand, strengthen his circle of trusted advisors and position him to further impact the Nashville business community and beyond.

About Business Journals Leadership Trust

Nashville Business Journal Leadership Trust is a part of Business Journals Leadership Trust - a collective of invitation-only networks of influential business leaders, executives and entrepreneurs in your community. Membership is based on an application and selection committee review. Benefits include private online forums, the ability to publish insights on bizjournals.com, business and executive coaching and a dedicated concierge team. To learn more and find out if you qualify, visit https://trust.bizjournals.com.

About Kraft Technology Group, LLC

Part of the KraftCPAs family of companies since 1992, Kraft Technology Group has been providing Computer Services, I.T. Security, Network Support, and Managed I.T. Services in the greater Nashville Tennessee area and beyond. Our mission is to empower small and midsize businesses to efficiently and securely utilize best of breed technology, so they can focus on reaching and exceeding their strategic goals. Visit https://www.kraftgrp.com/ to learn more.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0128s2p-Don-Baham-300dpi.jpg

Don Baham, President of Kraft Technology Group, LLC (KTG), has been invited to join Nashville Business Journal Leadership Trust, an exclusive community for influential business leaders, executives and entrepreneurs in Middle Tennessee.

Related link: https://www.kraftgrp.com/

KROST Kicks Off the Year by Announcing Merger with BPE&H an Accountancy Corporation

PASADENA, Calif. /ScoopCloud/ -- KROST CPAs and Consultants, a firm based out of Los Angeles, has merged in BPE&H out of Woodland Hills effective January 1, 2020. Seven principals will join the leadership team at KROST, including Scott Eisner, Martin Belak-Berger, Bob Price, Phil D'Amico, Scott Gilmore; and founding BPE&H principals Jerry Block and Jane Plant. With the addition of 30 team members total, KROST's practice will expand to 200 team members firmwide and grow its presence in the thriving Woodland Hills area.

The new KROST management and staff will remain at the 21300 Victory Boulevard office until next summer when the two Woodland Hills office locations will move into a new space together. KROST has locations around the Greater Los Angeles area, including offices in Pasadena, West Los Angeles, Valencia, and Woodland Hills.

"Joining with KROST makes sense from a resource standpoint. We now have in-house recruiting and other corporate support systems to alleviate workload on our leadership so we can spend more time with our clients. The firm's industry task forces are also a great complement to our manufacturing and real estate expertise. Overall, we are thrilled about this new chapter and ready to hit the ground running," remarked former BPE&H Principal, Martin Belak-Berger.

"Merging with BPE&H made sense for us on several levels. Their mission and vision, as well as dedication to superior customer service, resonates with our core values and the principles that we stand by here at KROST. Our tax, accounting, and advisory teams will benefit from the added resources; all of which will allow us to continue to support our clients," said KROST's Managing Principal Greg Kniss.

ABOUT KROST CPAS & CONSULTANTS

Established in 1939 in Pasadena, California, KROST is a full-service certified public accounting and consulting firm serving clients across various industries in the areas of tax, accounting, consulting, assurance and advisory, M&A and capital markets, corporate tax incentives, and wealth management.

For more information about KROST, please visit https://www.krostcpas.com/.

KROST CPAs and Consultants, a firm based out of Los Angeles, has merged in BPE&H out of Woodland Hills effective January 1, 2020. Seven principals will join the leadership team at KROST, including Scott Eisner, Martin Belak-Berger, Bob Price, Phil D'Amico, Scott Gilmore; and founding BPE&H principals Jerry Block and Jane Plant.

Related link: https://www.krostcpas.com/

Jean Hagan Brings Decades of Restaurant Operations Experience to the Culinary Institute of America as Newly Appointed Adjunct Professor

PASADENA, Calif. /ScoopCloud/ -- Jean Hagan, Principal of KROST CPAs & Consultants and leader of the firm's restaurant consulting practice, has recently taken on an additional title as Adjunct Professor of Restaurant Operations and Management Strategies at the Culinary Institute of America (CIA). Her first course, Operations and Management Strategies for the Restauranteur, began this fall.

Jean teaches the master's level course through the college's online platform. Much like the consulting services she and her team provide at KROST, the curriculum covers management and operations strategies for the foodservice industry. Under Jean's guidance, students explore experimental simulations to practice a variety of concepts and problem-solving techniques, using individually selected projects.

Jean leveraged her extensive network of connections to supplement the student's weekly assignments with video interviews with industry experts who provide real-life examples of the course fundamentals in application.

In addition to adjunct professorship, Jean also serves as a member of both the Culinary Institute of America's Society of Fellows and the Education Committee.

"It is an honor to further champion the mission of the Culinary Institute of America in this newly appointed role as adjunct professor. Developing and teaching this curriculum is an exciting challenge. It is an incredibly fulfilling experience to have the opportunity to shape the future leaders of this field, and share my passion for the industry with like-minded, eager students," remarked Jean Hagan, Principal at KROST and Adjunct Professor at the Culinary Institute of America.

Jean has owned, operated, and consulted in the restaurant industry for more than 30 years. During that time, she worked with a well-known national chain; owned a food and beverage company that operated multiple restaurants, bars, and event spaces in the Squaw Valley area; and became the president, CEO, CFO, and shareholder of one of the highest-grossing restaurants in California. Today Jean is Principal and leads the restaurant operations consulting practice at KROST.

About KROST CPAs & Consultants

KROST is a full-service Certified Public Accounting and Consulting firm headquartered in Pasadena, California with offices throughout Greater Los Angeles in West LA, Woodland Hills, and Valencia. As trusted advisors and industry leaders, clients depend on KROST for timely information, innovative solutions, and results-driven teamwork in the areas of accounting, assurance, business management, consulting, tax, mergers and acquisitions, and wealth management.

KROST Website - https://www.krostcpas.com/services/restaurant-accountants

KROST Restaurant Accountants - http://restaurantaccountants.com

Jean Hagan, Principal of KROST CPAs & Consultants and leader of the firm's restaurant consulting practice, has recently taken on an additional title as Adjunct Professor of Restaurant Operations and Management Strategies at the Culinary Institute of America (CIA). Her first course, Operations and Management Strategies for the Restauranteur, began this fall.

Related link: https://www.krostcpas.com/

New YouTube Channel with Dr. Nevine Carmelle Spotlights Financial and Real Estate Problems and Solutions

IRVINE, Calif. /ScoopCloud/ -- Dr. Nevine Carmelle is excited to announce the launch of her new YouTube channel - "The Dr. Nevine Carmelle TV Show." After receiving numerous questions pertaining to tax problems and the law via phone calls and emails, she thought it would be a good idea to launch a channel where people could tune in on their own time and have many of their questions answered for free.

"I enjoy giving back to the community and this show will hopefully provide valuable feedback to those who need it most," she says.

This first show in a monthly series which spotlights taxes. It answers questions such as, "What happens if I don't file my taxes?" and "What if I don't have an income? Do I still need to file my taxes?"

She talks about how to avoid collections, how to develop customized strategies for dealing with the IRS and much more. Her approach is straight forward and realistic. She breaks down complicated matters into no-nonsense, practical, how-to solutions and explains that each case is different.

Dr. Carmelle is committed to working with those who are less fortunate than herself. She's actively involved in working with the homeless population and dedicates a great deal of time to organizing fundraisers, blood drives and more. The Dr. Nevine Carmelle TV show ties into those efforts to provide free information and consultations.

While her YouTube channel is just getting off the ground, Dr. Carmelle has some exciting ideas for future shows in the works. She's planning to host guest speakers who are superstars in their field. Topics will focus on: real estate, litigation, mediation, business planning, export/import law, non-profit issues and goodwill events.

About Dr. Nevine Carmelle

Dr. Nevine Carmelle has been included in Marquis Who's Who, excels as an enrolled agent with the IRS and is the founder and CEO of Attorney Network. She's negotiated tax liens, levies, payment plans and offers in compromise and has represented clients with tax audits and appeals. Her specialties include retirement planning, charitable gifting, insurance planning, estate planning, business compensation and real estate matters.

She has extensive experience in the structures of business planning for individuals, corporations, partnerships, limited liability companies and S-Corporations in the U.S. and abroad. She's been a featured speaker on tax and financial matters at many professional seminars, and has been interviewed on TV and radio show about business strategies and financial structures.

She's also the author of "Wealth and Business Planning Strategies: The Ultimate Guide for Wealth Management, Privacy & Prosperity for Business Owners" (ISBN: 978-0692562017).

Subscribe to the Dr. Nevine Carmelle TV show: https://youtu.be/yOW6_RDziq0

For more information about Dr. Nevine Carmelle: http://www.nevinecarmelle.com/

Dr. Nevine Carmelle, PhD is excited to announce the launch of her new YouTube channel - "The Dr. Nevine Carmelle TV Show." After receiving numerous questions pertaining to tax problems and the law via phone calls and emails, she thought it would be a good idea to launch a channel where people could tune in on their own time and have many of their questions answered for free.

Related link: http://www.nevinecarmelle.com/

LBA Ware Founder and CEO Scheduled to Speak at 2019 MBA Accounting and Financial Management Conference

MACON, Ga. /ScoopCloud/ -- LBA Ware(TM), a leading incentive compensation management (ICM) and business intelligence (BI) software solutions provider to the mortgage industry, today announced that Founder and CEO Lori Brewer has been invited to speak at the Mortgage Bankers Association (MBA) 2019 Accounting and Financial Management Conference, November 19-21 at the Marriot Marquis San Diego Marina.

Brewer will participate in the Wednesday, November 20, conference session, "The 800 Pound Gorilla: Sales Costs and Productivity," from 1:00-1:50 p.m. in Marina Ballroom E, joined by co-panelists Richard Andreano, partner, Ballard Spahr LLP; Darryl MacNair, CFO, Eustis Mortgage Corporation; and Matt Stokes, chief analytics officer, AmCap. During the Residential Track breakout session, panelists will discuss mortgage lenders' strategies to motivate loan originators (LOs) and increase production volume while guarding their bottom line.

"Many lenders do not realize that nuanced details of employee incentive compensation packages have an immense power to shape sales performance and radically impact profitability," said LBA Ware Founder and CEO Lori Brewer. "I'm eager to share with session attendees how savvy lenders are re-evaluating their comp plans to more effectively manage their bottom line."

The MBA's Accounting and Financial Management Conference assembles leading authorities in mortgage and real estate finance to share critical business intelligence, insights and best practices. To learn more, visit https://www.mba.org/conferences-and-education/event-mini-sites/accounting-and-financial-management-conference.

About LBA Ware(TM):

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2019 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://lbaware.com.

Twitter: @LBAWare #AFM19 @MortgageBankersAssociation #LimeGear #CompenSafe

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-0115s2p-lori-brewer-300dpi.jpg
*Photo Caption: LBA Ware founder and CEO Lori Brewer.

LBA Ware, a leading incentive compensation management (ICM) and business intelligence (BI) software solutions provider to the mortgage industry, today announced that Founder and CEO Lori Brewer has been invited to speak at the Mortgage Bankers Association (MBA) 2019 Accounting and Financial Management Conference, November 19-21.

Related link: https://lbaware.com/

Tax Specialty Firm KBKG Joins Real Estate Roundtable

PASADENA, Calif. /ScoopCloud/ -- Last year, specialty tax incentive firm KBKG joined the Real Estate Roundtable (RER), and several of KBKG's executive leadership team currently serve as members of the organization's President's Council, Associate Council, and Committees. RER's mission is to bring together leaders of the nation's top, publicly held and privately-owned firms with major national real estate industry trade associations to jointly address important national policy issues relating to real estate and its role in the global economy.

As members, KBKG has been able to participate in policy debates and advancing industry endorsed solutions to policy questions.

Principal and practice leader, CJ Aberin, is a member of RER's President's Council which is comprised of individuals from leading real estate ownership, financial, management, and advisory firms. Additionally, he is a member of both the Tax Policy Advisory Committee and the Sustainability Policy Advisory Committee and has actively provided input to both committees to improve tax policy on cost recovery and energy efficiency incentives for the commercial real estate industry.

Other members of KBKG's leadership team serving on RER committees include:
* Lou Guerrero (Tax Policy Advisory Committee)
* Brandon Val Verde (Sustainability Policy Advisory Committee)
* William Long (Real Estate Capital Policy Advisory Committee).

Associate Council members include Gian Pazzia, Malik Javed, Lester Cook, John Hanning, Eddie Price, Sumit Sharma, and So Sum Lee.

Earlier this year, Ryan McCormick, Senior Vice President & Counsel for Tax Policy at RER provided a legislative update on behalf of KBKG to inform tax practitioners and clients with an update as to what to expect from Capitol Hill over the year with possible timelines that are now coming into fruition.

"Over the last decade, I have had the privilege to use my voice to represent the real estate industry in the Capitol in collaboration with various organizations. Joining RER provides yet another opportunity to be a part of a larger conversation, represent the real estate community, and provide greater value for our clients," remarked CJ Aberin, Principal of KBKG.

About KBKG:

Established in 1999 with offices across the US, KBKG provides turn-key tax solutions to CPAs and businesses including Cost Segregation; 45L green building tax credits for homebuilders and multifamily developers; 179D green building tax deductions for building owners, architects, and designers; R&D tax credits for qualified, innovative businesses; Transfer Pricing for international businesses, and more.

Learn more about KBKG at https://www.kbkg.com/

*LOGO link for media: http://www.Send2Press.com/300dpi/19-1029s2p-kbkg-logo-300dpi.jpg

Last year, specialty tax incentive firm KBKG joined the Real Estate Roundtable (RER), and several of KBKG's executive leadership team currently serve as members of the organization's President's Council, Associate Council, and Committees.

Related link: https://www.kbkg.com/

KBKG Tax Specialty Firm Hires Alex Martin to Lead New Transfer Pricing Practice for Cross-border Businesses

PASADENA, Calif. /ScoopCloud/ -- Nationwide tax specialty firm KBKG announced the hiring of Alex Martin as Principal and leader of the firm's new Transfer Pricing practice. Alex comes with over 22 years of full-time, international transfer pricing experience working in Washington, D.C.; Melbourne, Australia; and Detroit, Michigan where he resides currently.

Transfer pricing is the cross-border pricing of goods, royalties, services, and loans that drives how much income tax a multinational company pays by country. With Alex at the helm, KBKG will assist U.S. and international companies in establishing, documenting, and defending transfer pricing practices for the IRS and international tax authorities.

Alex has been a transfer pricing economist for his entire career, working for a Big-4 firm, middle-market firm, and through his independent transfer pricing consultancy. As a director at a Big-4 firm, he received the Chairman's Award and Coach of the Year recognition for building a Detroit-based transfer pricing practice.

Prior to joining KBKG, his team was named one of the world's leading transfer pricing consultancies by International Tax Review for three years in a row. Alex was also featured in Accounting Today for instituting an innovative approach to partnering with professional service firms, including training and development of transfer pricing programs.

When asked what the addition of Alex means for KBKG and the future of the firm, Greg Kniss, Managing Principal remarked, "Alex's US and global transfer pricing expertise broadens the scope of our tax specialty services provided to both US and international clients. While transfer pricing can be a highly contentious tax issue for multinationals, Alex has the experience to deliver practical savings strategies for companies competing internationally. Through his unique expertise in this space, Alex will be an invaluable asset to the businesses and CPA firms we support."

About KBKG:

Established in 1999 with offices across the US, KBKG provides turn-key tax solutions including research and development tax credits, cost segregation, transfer pricing, green building tax incentives, and more to CPAs and businesses nationwide.

Contact us for more information at https://www.kbkg.com/contact-us.

Nationwide tax specialty firm KBKG announced the hiring of Alex Martin as Principal and leader of the firm's new Transfer Pricing practice. Alex comes with over 22 years of full-time, international transfer pricing experience working in Washington, D.C.; Melbourne, Australia; and Detroit, Michigan where he resides currently.

Related link: https://www.kbkg.com/

KROST CPAs & Consultants Partners with Nationally Recognized Executive Chef Phil Kastel

PASADENA, Calif. /ScoopCloud/ -- Los Angeles-based tax and accounting firm, KROST, recently brought on restaurant industry titan Chef Phil Kastel (co-creator of nationally recognized Public School gastropubs) who will serve as the firm's Restaurant and Culinary Consultant. Established in 1939, KROST has a long history in the restaurant space having pioneered accounting technology that was the precursor to what is used today in the industry. Today, the firm's restaurant practice is led by industry veteran Jean Hagan.

In his role, Chef Kastel will provide a range of value-added services including chef consulting, executive chef services, project management for restaurant openings, training, and more complementing KROST's already vast suite of business management services for the restaurant industry.

Prior to KROST, Chef Kastel served as the former Executive Vice President of Culinary for L.A. based Grill Concepts, Inc.; owner and operator of The Grill on the Alley, The Daily Grill and the Public School brands, as well as The Ritz Prime Seafood in Newport Beach and Point Restaurants. As the culinary vision behind the fast-growing Public School gastropubs, Chef Kastel served as the co-creator of the concept that was named 2017 Nation's Restaurant News Hot Concept for innovation, rapid emergence in the marketplace, and consumer appeal.

"Phil is a true chef. His education and experience combined make him a powerhouse in the industry and an invaluable resource for our restaurant clients. Beyond that, he shows up for his clients in enormous ways. I've seen him call upon his own personal contacts to make a project come together on time! Together, we can isolate any challenges that restaurant operators face, and implement holistic solutions through our hands-on, catered approach," remarked Jean Hagan, Principal and Business Management Practice Leader at KROST.

About KROST CPAs & Consultants:

KROST is a full-service Certified Public Accounting and Consulting firm headquartered in Pasadena, California with offices throughout Greater Los Angeles in West LA, Woodland Hills, and Valencia. As trusted advisors and industry leaders, clients depend on KROST for timely information, innovative solutions, and results-driven teamwork in the areas of accounting, assurance, business management, consulting, tax, mergers and acquisitions, and wealth management. Contact us for more information at https://www.krostcpas.com/contact.

Los Angeles-based tax and accounting firm, KROST, recently brought on restaurant industry titan Chef Phil Kastel (co-creator of nationally recognized Public School gastropubs) who will serve as the firm's Restaurant and Culinary Consultant. Established in 1939, KROST has a long history in the restaurant space.

Related link: https://www.krostcpas.com/