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

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.

Do you believe you don’t need to worry about estate planning because of the current federal estate tax exemption ($13.99

The Tax Cuts and Jobs Act (TCJA) effectively doubled the unified federal gift and estate tax exemption — and annual

Asset protection is a strategic approach to safeguarding your wealth from potential lawsuits and creditor claims. Indeed, protecting your assets

As the use of digital assets like cryptocurrencies continues to grow, so does the IRS’s scrutiny of how taxpayers report

The U.S. House of Representatives passed its sweeping tax and spending bill, dubbed The One, Big, Beautiful Bill Act (OBBBA),

For many people, pets are more than just animals — they’re cherished members of the family. Yet, when it comes

The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things,

Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a

Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light

If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood

Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file

President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off