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 starting to worry about your 2021 tax bill, there’s good news — you may still have time to
Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021,
Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there
Effective October 1, 2021, Florida employers to report newly retained independent contractors to Florida Department of Revenue* A new law
As we approach the holidays and the end of the year, many people may want to make gifts of cash
Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for
A charitable remainder trust (CRT) allows you to support a favorite charity while potentially boosting your cash flow, shrinking the
An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves
The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as
As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law,
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
Perhaps. It depends on several factors, such as your parent’s income and how much financial support you provided. If you
For a variety of estate planning and asset management purposes, many affluent families hold their assets in trusts, family investment
A financial power of attorney — sometimes called a “power of attorney for property” or a “general power of attorney”
Whether you had a child in college (or graduate school) last year or were a student yourself, you may
Gerson Preston’s Partner Steven Klein and Mr.Nicolo’ Fabbrizio led a panel discussion on US tax reform and its potential implications
“How much money did Jeffrey Loria make from the Marlins? County wants his tax returns.” Melisse Burstein, a forensic accountant
Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how