CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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 a parent with a college-bound child, you may be concerned about being able to fund future tuition and

You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep

Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work

The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their

The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue

Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there

If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax

Traditionally, estate planning has focused on more technical objectives, such as minimizing gift and estate taxes and protecting assets against

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