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

When you retire, you may consider moving to another state — say, for the weather or to be closer to

Like most businesses, yours probably has a variety of physical assets, such as production equipment, office furnishings and a plethora

Despite the National Do Not Call registry and features such as caller ID, phone fraud is thriving in the mobile

Affluent families who wish to give to charity while minimizing gift and estate taxes should consider a charitable lead trust

The IRS has updated the inflation-adjusted “luxury automobile” limits on certain deductions taxpayers can take for passenger automobiles — including

Summer is just around the corner, so you might be thinking about getting some vacation time. If you’re self-employed or

The IRS just released its audit statistics for the 2018 fiscal year, and fewer taxpayers had their returns examined as

If a prime objective of your estate plan is to leave a lasting legacy, a dynasty trust may be the

Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises.

The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average

If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and

There are many ways for employers to conduct annual performance reviews. So many, in fact, that owners of small to

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