GPKLEG Blog
News & Helpful Tips
A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not
Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate
If you’re approaching retirement or have already retired, one of the biggest challenges is balancing the need to maintain your
Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject
Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called
Personal items — which may have modest monetary value but significant sentimental value — may be more difficult to address
A business or individual might be able to dispose of appreciated real property without being taxed on the gain by
Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to
Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only
Although merger and acquisition activity has been down in 2022, according to various reports, there are still companies being bought
Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his
Sales and registrations of electric vehicles (EVs) have increased dramatically in the U.S. in 2022, according to several sources. However,
If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key
While April 15 (April 17 this year) is the main tax deadline on most individual taxpayers’ minds, there are others
U.S. citizens working abroad are generally taxed on their worldwide income, but if they have a tax home in a
Today, it’s not unusual for a family to include children from prior marriages. These “blended” families can create estate planning
Non-U.S. citizens in the United States face some estate planning challenges when it comes to taxes. If you’re a U.S.
Celebrating the successful end of another tax season with the team…Thanks to everyone who contributed to the success of the
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