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

Payable-on-death (POD) and transfer-on-death (TOD) accounts are attractive estate planning tools because they allow assets to pass directly to named

If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to

If you make quarterly estimated tax payments, the amount you owe may be affected by the One Big Beautiful Bill

Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title

The federal government has announced a major change that will affect how numerous Americans receive their tax refunds and federal

The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to an outdated IRS requirement. Beginning with payments made

As its name suggests, a living trust (also known as a revocable trust) is in effect while you’re alive. It’s

Retirement planning is essential for all families, but it can be especially critical for couples where one spouse earns little

The alternative minimum tax (AMT) is a separate federal income tax system that bears some resemblance to the regular federal

As the federal gift and estate tax exemption increases, the number of families affected by gift and estate tax liability

The federal government has announced a major change that will affect how numerous Americans receive their tax refunds and federal

The One, Big, Beautiful Bill Act (OBBBA) has introduced significant tax changes that could affect families across the country. While

Gerson Preston Features Partner Stuart Rohatiner at University of Miami’s April 2018 event “It is All About the U”. Photo

Gerson Preston Features Partner Stuart Rohatiner who spoke at the recent University of Miami Global Entertainment and Sports 2018 Conference.

Classifying workers as independent contractors — rather than employees — can save businesses money and provide other benefits. But the

A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide

The Treasury Department and the Internal Revenue Service (IRS) today provided additional guidance (Notice 2018-13) for computing the “transition tax”

IRAs and employer-sponsored plans such as 401(k)s are powerful retirement savings tools, but they also provide valuable estate planning benefits.

If your organization offers a 401(k) plan, you’re probably aware that you can lay down some rules regarding when participants

We live and work in an era of big data. Banks are active participants, keeping a keen eye on metrics

Enjoying the beauty of our new mural, celebrating the rich history of our firm, as the sun rises early morning

IRS ending amnesty for taxpayers with secret foreign bank accounts | Gerson Preston The IRS is ending a program that

Florida Passes New Tax Rate Reductions for Commercial Properties | Gerson Preston Florida decreases the sales tax rate on real

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a