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

Now that small businesses and their owners have filed their 2017 income tax returns (or filed for an extension), it’s

What 2017 tax records can you toss once you’ve filed your 2017 return? The answer is simple: none. You need

If you want to preserve as much wealth as possible for your children, but you leave property to your spouse

Most people are genuinely appreciative of inheritances. But sometimes it may be too good to be true. While inherited property

Every business owner launches his or her company wanting to be successful. But once you get out there, it usually

The Mercedes-Benz Corporate Run is a South Florida staple since 1985, attracting local runners and companies for more than 30

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

Gerson Preston Recognizes Partner Melisse Burstein at her event: Financial Fitness for Women: Work on Strengthening your other A$$-ets, where

Passage of the Tax Cuts and Jobs Act (TCJA) in December 2017 has led to confusion over some of the

  Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2018.

When a company’s deductible expenses exceed its income, generally a net operating loss (NOL) occurs. If when filing your 2017

You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). But

Irrevocable trusts provide various estate planning benefits, such as reducing estate taxes and helping to ensure assets are distributed as

An advance payment is one received by a business before it provides whatever is being paid for. For federal income

It’s not uncommon for family members to contest a loved one’s will or challenge other estate planning documents. But you

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income

If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one

The gift tax annual exclusion allows you to transfer up to $19,000 (for 2026) per beneficiary gift-tax-free, without tapping your

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income

A Crummey trust provides a key tax benefit of an outright gift without some of the downsides. Although the mechanics

The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the

Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will

Planning for the end of life is never easy, but including your funeral and memorial wishes in your estate plan