CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking

Estate planning can be overwhelming. One reason is that it has a language all its own. While you may be

If you’re a parent or grandparent with college-bound children, you may want to save to fund future education costs. Here

If your small business has a retirement plan, and even if it doesn’t, you may see changes and benefits from

One of your primary estate planning goals may be to pass as much of your wealth to your family as

If you have a child or grandchild in college — congratulations! To help pay for the expenses, many parents and

Family-owned businesses face distinctive challenges when it comes to succession planning. For example, it’s important to address the distinction between

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that kept workers on staff during the

Many people include health care powers of attorney or advance directives in their estate plans so they have some influence

If you own a home and rent it to a relative, you may be surprised to find out there could

On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep

A smart estate plan should leave no doubt as to your intentions. Writing a letter of instruction can go a

As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from

Gerson Preston Features Partner Stuart Rohatiner at University of Miami’s April 2018 event “It is All About the U”. Photo

Gerson Preston Features Partner Stuart Rohatiner who spoke at the recent University of Miami Global Entertainment and Sports 2018 Conference.

Classifying workers as independent contractors — rather than employees — can save businesses money and provide other benefits. But the

A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide

The Treasury Department and the Internal Revenue Service (IRS) today provided additional guidance (Notice 2018-13) for computing the “transition tax”

IRAs and employer-sponsored plans such as 401(k)s are powerful retirement savings tools, but they also provide valuable estate planning benefits.

If your organization offers a 401(k) plan, you’re probably aware that you can lay down some rules regarding when participants

We live and work in an era of big data. Banks are active participants, keeping a keen eye on metrics

Enjoying the beauty of our new mural, celebrating the rich history of our firm, as the sun rises early morning

IRS ending amnesty for taxpayers with secret foreign bank accounts | Gerson Preston The IRS is ending a program that

Florida Passes New Tax Rate Reductions for Commercial Properties | Gerson Preston Florida decreases the sales tax rate on real

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a