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

Nearly everyone owns at least some digital assets, such as online bank and brokerage accounts, bill-paying services, cloud-based document storage,

If you have adopted children or unadopted stepchildren, estate planning is critical to ensure that your property is distributed the

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for

A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with

You may think of trusts as estate planning tools — vehicles for reducing taxes after your death. While trusts can

The extended federal income tax deadline is approaching. The IRS postponed until July 15 many payment and filing deadlines. The

The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain

Are you a multitasker? If so, you may appreciate an estate planning technique that can convert assets into a stream

The COVID-19 crisis is affecting not only the way many businesses operate, but also how they assess productivity. How can

The annual gift tax exclusion allows you to transfer up to $15,000 per beneficiary gift-tax-free for 2020, without tapping your

The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among other things,

Once upon a time, some parents and grandparents would attempt to save tax by putting investments in the names of

If you’re charitably inclined, you may wish to consider a charitable gift annuity. It can combine the benefits of an

The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a

With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers

Even though you can’t physically touch digital assets, they’re just as important to include in your estate plan as your

When business use of websites began, getting noticed was the name of the game. Remember pop-up ads? Text scrolling up

A business owner first became suspicious when one of her managers bought an expensive boat that seemed beyond his pay

When it comes to tax law changes and estate planning, the substantial increases to the gift and estate tax exemptions

Once an employer identifies a prospect for an open position and sets up an interview, another great challenge arises: How

Technology is tricky. Much of today’s software is engineered so well that it will perform adequately for years. But new

Miami accounting firm Gerson Preston has hired two interns from the Miami Summer Jobs Connect program for low-income youths. From

IRS Issues Guidelines on Waiving Filing Deadlines for Foreign Corporations The IRS Large Business and International Division (LB&I) has issued guidelines