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.
Expecting tax cuts next year? President-elect Trump declared one of his top priorities to be passage of a “major tax
Distributor’s TV packages don’t qualify. In two similar Technical Advice Memorandums, the IRS determined that a television subscription package sold
Taxpayers denied child tax breaks. For part of a year, a married couple lived with a child from the wife’s
The last month or so of the year offers accrual-basis taxpayers an opportunity to make some timely moves that might
Accrual-basis taxpayer? One way to save tax is to properly record and recognize expenses that were incurred this year but
Inventory is a prime target for fraud schemes, second only to cash. Retailers, manufacturers and contractors are at risk for
Extra time to supply Affordable Care Act (ACA) statements. The IRS has extended the ACA information reporting due date to
Is your inventory being stolen by dishonest employees or customers? Inventory is a prime target for fraud schemes, second only
Educational institutions get extended penalty relief for tuition reporting change. The IRS has announced that it is extending previously granted
Bipartisan bill introduced in Senate to strengthen retirement savings. On Nov. 17, Senate Finance Committee Chair Orrin Hatch (R-UT) and
“Mailbox rule” reigns supreme. A federal district court dismissed a suit by married taxpayers who claimed they’d filed a timely,
Typically, much of the estate planning process focuses on money. But the most successful estate plans are founded on relationships.