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 gift tax annual exclusion allows you to transfer up to $19,000 (for 2026) per beneficiary gift-tax-free, without tapping your

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income

A Crummey trust provides a key tax benefit of an outright gift without some of the downsides. Although the mechanics

The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the

Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will

Planning for the end of life is never easy, but including your funeral and memorial wishes in your estate plan

Year-round tax planning generally produces the best results, but there are some steps you can still take in December to

Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced. If you’re at

A qualified terminable interest property (QTIP) trust can be a valuable estate planning tool if you have a blended family.

If you have a flexible spending account (FSA) through your employer to help pay for health or dependent care expenses,

Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more

New Year Celebrations with Gerson Preston at Grille 66! | Gerson Preston

Although the drop of the corporate tax rate from a top rate of 35% to a flat rate of 21%

On December 20, the House passed the Tax Cuts and Jobs Act of 2017 (TCJA), which the Senate had passed

According to the Association of Certified Fraud Examiners (ACFE), tips — particularly those made through anonymous hotlines — are the

  Various limits apply to most tax deductions, and one type of limit is a “floor,” which means expenses are

  Financial statement fraud is committed by intentionally misrepresenting an organization’s financial condition. A perpetrator might do this by omitting

  Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018.

  Tax reform legislation might be enacted before year end. If it is, companies following U.S. Generally Accepted Accounting Principles

  Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income

Ladies of Gerson Preston Celebrating the Holidays Together at Terramia Italian Restaurant | Gerson Preston 

Gerson Preston Celebrates the Birthday of our Partner, Steven Klein!! Happy birthday, Steve!! | Gerson Preston 

Spreading some holiday cheer at our Boca office today! Happy holidays from Gerson Preston! |Gerson Preston