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

Fall is in the air and that means it’s time to turn your attention to year-end tax planning. While several

There are good reasons why estate planning advisors recommend you revisit and, if necessary, revise your estate plan periodically: changing

Despite what you might think, estate planning isn’t limited to only the rich and famous. In fact, your family is

Let’s say you’re charitably inclined but have concerns about maintaining a sufficient amount of income to meet your current needs.

The U.S. Department of Labor (DOL) has released the finalized rule on overtime exemptions for white-collar workers under the Fair

The Tax Cuts and Jobs Act (TCJA) created a new general business tax credit for certain businesses that grant their

As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as

Traditional and Roth IRAs can be powerful estate planning tools. With a “self-directed” IRA, you may be able to amp

Earlier this year, the IRS published a proposed safe harbor giving owners of certain rental real estate interests the opportunity

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved

Fewer people currently are subject to transfer taxes than ever before. But gift, estate and generation-skipping transfer (GST) taxes continue

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