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

In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it

The Coronavirus Aid, Relief and Economic Security (CARES) Act made changes to excess business losses. This includes some changes that

Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years

If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? And if

Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule.

If you’re going through a divorce, you probably feel a little overwhelmed by all the legal and financial items you

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an

In response to the COVID-19 crisis, the IRS recently issued Notice 2020-52. It offers sponsors of safe harbor 401(k) plans

On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social

If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed.

You may use a qualified disclaimer to refuse a bequest from a loved one. Doing so will cause an asset

Relief from Student Loan Debt: What Are the Tax Implications? | Gerson Preston Today’s college students often leave school with

Consider Hosting a Family Meeting about Your Estate Plan | Gerson Preston If you’re a business owner and a high-net-worth

Understand Your Social Security Retirement Benefits |Gerson Preston For years, people have questioned the viability of the Social Security system

Gerson Preston Expands Boca Raton Footprint with New Office Move! – http://bit.ly/2ud9meU |Gerson Preston    

Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2017. Keep

If your estate plan includes one or more trusts, review them in light of income taxes. For trusts, the income

Families who wish to give to charity while minimizing gift and estate taxes should consider a charitable lead trust (CLT).

Some people make video recordings of their will signings in an effort to create evidence that they possess the requisite

You’d be hard pressed to find a company not looking to generate more leads, boost sales and improve its profit

It can be difficult in the current job market for students and recent graduates to find summer or full-time jobs.

If you recently filed for your 2016 income tax return (rather than filing for an extension) you may now be

Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate