CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition —

If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions

Roth IRAs offer significant estate planning and financial benefits. If you have a substantial balance in a traditional IRA and

Many employers operate in locations where employees can bike to work. If you have employees who do so, you might

Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on

If you’re getting close to retirement age, you may be wondering if your Social Security benefits are going to be

Nonqualified deferred compensation (NQDC) plans pay executives or other key employees at some time in the future for services to

During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax.

Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your

When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s

Imagine giving your company’s retirement plan a report card. Would it earn straight A’s in preparing your participants for their

By now, most employers have read up on, hired and gotten to know Millennials. Well, guess what? A whole new

The IRS has just announced that it will begin accepting 2017 income tax returns on January 29. You may be

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

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

Charity Funds Take Off as Tax Law Reshapes Giving | Gerson Preston https://www.wsj.com/articles/charity-funds-take-off-as-tax-law-reshapes-giving-1517502089

‘Wild west’ days are over for cryptocurrencies, as IRS steps up tax enforcement | Gerson Preston https://www.cnbc.com/2018/01/17/irs-steps-up-tax-enforcement-for-cryptocurrencies.html

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.