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
Have you made substantial gifts of wealth to family members? Or are you the executor of the estate of a
It’s not uncommon for employers in some industries and localities to occasionally rehire a previously terminated employee. Should such a
The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been
The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until
The right estate planning strategy for you likely is the one that will produce the greatest tax savings for your
In the simplest of worlds, an employee effectively performs a set of tasks on an agreed-upon schedule and you pay
Ask many entrepreneurs and small business owners to show you their financial statements and they’ll likely open a laptop and
To help you make sure you don’t miss any important 2019 deadlines, we’ve provided this summary of when various tax-related
Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the
Employee stock ownership plans (ESOPs) offer closely held business owners an exit strategy and a tax-efficient technique for sharing equity
A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019. Here’s
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