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

Many people choose to pass assets to the next generation during life, whether to reduce the size of their taxable

If you hold significant real estate investments, tenancy-in-common (TIC) ownership can be a powerful, versatile estate planning tool. A TIC

Section 529 plans are a popular education-funding tool because of tax and other benefits. Two types are available: 1) prepaid

If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA

For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess

If you are about to receive an inheritance from a family member, you can use a qualified disclaimer to refuse

If you’re charitably inclined and you collect art, appreciated artwork can make one of the best charitable gifts from a

Do you own a vacation home? If you both rent it out and use it personally, you might save tax

If you’ve worked a lifetime to build a large estate, you undoubtedly would like to leave a lasting legacy to

If you dream of spending your golden years in a tropical paradise, a culture-rich European city or another foreign locale,

For many people, a family-owned business is their primary source of wealth, so it’s critical to plan carefully for the

The Tax Cuts and Jobs Act (TCJA) created a new general business tax credit for certain businesses that grant their