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

The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The

  The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection

  Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate

  Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed

  Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external

  The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,

  Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s

  There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now

  In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to

  Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you

  The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition

  The IRS has issued new guidance addressing a question that has lingered since the launch of the Paycheck Protection

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

If your estate plan includes one or more trusts, you may have a good reason for wanting to keep them

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

For some business owners, succession planning is a complex and delicate matter involving family members and a long, gradual transition

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income

  As a business owner, you know that it’s easy to spend nearly every working hour on the multitude of