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.
On September 13, the House Ways and Means Committee passed three separate bills that will be the cornerstone of what
When married couples neglect to prepare an estate plan, state intestacy laws step in to help provide financial security for
Estate planning and investment risk management go hand in hand. After all, an estate plan is effective only if you
The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at
Now that the gift and estate tax exemption has reached a record high of $11.18 million (for 2018), it may
There’s no law that says you can’t prepare your own estate plan. And with an abundance of online services that
If you’ve done any research into employee benefits for your business recently, you may have come across a bit of
One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company
Converting a traditional IRA to a Roth IRA can provide tax-free growth and tax-free withdrawals in retirement. But what if
Do you need a trust protector? Maybe, if you aren’t completely confident the trustee will carry out your wishes. A
If you have a child or other family member with a disabling condition that requires long-term care or prevents (or
Under the Tax Cuts and Jobs Act, employees can no longer claim the home office deduction. If, however, you run