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.

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020. Keep

COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information

What happens if illness, injury or age-related dementia renders you unable to make decisions or communicate your wishes regarding your

Wouldn’t it be great if your employees worked as if they owned the company? An employee stock ownership plan (ESOP)

Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the Financial Accounting Standards Board (FASB)

The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit

Despite the COVID-19 pandemic, the National Association of Realtors (NAR) reports that existing home sales and prices are up nationwide,

With the federal gift and estate tax exemption now at a record high $11.58 million for 2020, most estates aren’t

As you’re probably aware, President Trump signed an executive memorandum on August 8 creating a payroll tax deferral. The development

Many companies are struggling as a result of shutdowns and restructurings during the COVID-19 crisis. To add insult to injury,

Has your organization laid off employees this year because of the COVID-19 pandemic, but you plan to rehire some of

A federal trial court recently invalidated several provisions of the U.S. Department of Labor’s (DOL’s) temporary regulations implementing the paid