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

If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed

If you reside in a high-tax state, you may want to consider using nongrantor trusts to soften the blow of

As you’ve probably heard, a new law was recently passed with a wide range of retirement plan changes for employers

If, like many people, your traditional IRA holds a mixture of deductible (after-tax) and nondeductible (pretax) contributions, it’s important to

At the beginning of the year, many people make resolutions about improving their physical fitness. Employers may seek to lend

Some benefit plans are required to include an opinion from an independent qualified public accountant (IQPA) when filing Form 5500

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag

Technology has made it easier to work from home so lots of people now commute each morning to an office

The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax

In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding

The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019

The IRS has issued final regulations that should provide comfort to taxpayers interested in making large gifts under the current

Gerson Preston Features Partner Stuart Rohatiner at University of Miami’s April 2018 event “It is All About the U”. Photo

Gerson Preston Features Partner Stuart Rohatiner who spoke at the recent University of Miami Global Entertainment and Sports 2018 Conference.

Classifying workers as independent contractors — rather than employees — can save businesses money and provide other benefits. But the

A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide

The Treasury Department and the Internal Revenue Service (IRS) today provided additional guidance (Notice 2018-13) for computing the “transition tax”

IRAs and employer-sponsored plans such as 401(k)s are powerful retirement savings tools, but they also provide valuable estate planning benefits.

If your organization offers a 401(k) plan, you’re probably aware that you can lay down some rules regarding when participants

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