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 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

Planning your estate around specific assets is risky and, in most cases, should be avoided. If you leave specific assets

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year.

Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum

Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over

While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing

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.