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
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
If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging
Choosing the right executor — sometimes known as a “personal representative” — is critical to the smooth administration of an
Many, if not most, employers today use some form of an “at-will” employment contract when hiring. The arrangement is theoretically
When President Trump signed into law the Tax Cuts and Jobs Act (TCJA) in December 2017, much was made of
While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers could
While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through
Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But
When it comes to tax law changes and estate planning, the substantial increases to the gift and estate tax exemptions
Once an employer identifies a prospect for an open position and sets up an interview, another great challenge arises: How
Technology is tricky. Much of today’s software is engineered so well that it will perform adequately for years. But new
Miami accounting firm Gerson Preston has hired two interns from the Miami Summer Jobs Connect program for low-income youths. From
IRS Issues Guidelines on Waiving Filing Deadlines for Foreign Corporations The IRS Large Business and International Division (LB&I) has issued guidelines
The beneficiary defective inheritor’s trust (BDIT) allows you to enjoy the benefits of a traditional trust without giving up control
By and large, today’s employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to
For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal
In a much-anticipated ruling that confounded the expectations of many court watchers, the U.S. Supreme Court has given state and
While the Tax Cuts and Jobs Act (TCJA) reduced most ordinary-income tax rates for individuals, it didn’t change long-term capital
The most effective estate planning strategies often involve the use of irrevocable trusts. But what if you’re uncomfortable placing your
Funny thing about customers: They can keep you in business — but they can also put you out of it.