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

Once upon a time, some parents and grandparents would attempt to save tax by putting investments in the names of

If you’re charitably inclined, you may wish to consider a charitable gift annuity. It can combine the benefits of an

The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a

With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers

Even though you can’t physically touch digital assets, they’re just as important to include in your estate plan as your

When business use of websites began, getting noticed was the name of the game. Remember pop-up ads? Text scrolling up

A business owner first became suspicious when one of her managers bought an expensive boat that seemed beyond his pay

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

U.S. multinationals optimistic for another repatriation holiday. President-elect Trump’s election win moves large U.S. corporations closer than they’ve been in

Could on-site childcare become more attractive for businesses under President-elect Trump? On his website, Trump proposed during the campaign to

Will you owe the 3.8% net investment income tax (NIIT) on unearned income? Try to reduce your exposure. It’s a

Many tax breaks are reduced or eliminated for higher-income taxpayers. Two of particular note are the itemized deduction reduction and

In addition to income tax, you must pay Social Security and Medicare taxes on earned income, such as salary and

Typically, it’s better to defer tax. One way is through controlling when your business recognizes income and incurs deductible expenses.

There’s a lot to think about when you change jobs, and it’s easy for a 401(k) or other employer-sponsored retirement

If you’re charitably inclined, making donations is probably one of your key year-end tax planning strategies. But if you typically

Section 529 plans provide a tax-advantaged way to help pay for college expenses. Here are just a few of the

If you have incomplete or missing records and get audited by the IRS, your business will likely lose out on

If you invest, whether you’re considered an investor or a trader can have a significant impact on your tax bill.

If you recently redeemed frequent flyer miles to treat the family to a fun summer vacation or to take your