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

If you run a business “on the side” and derive most of your income from another source (whether from another

Like many businesses, yours may allow retirement plan participants to take out loans from their accounts. Such loans are governed

There are few events that can completely upend a person’s life more than divorce. Of course, there’s the emotional toll

An agreed upon procedures (AUP) engagement uses procedures similar to an audit, but on a smaller and limited scale. Here’s

Company retreats can cost enormous amounts of time and money. Are they worth it? Sometimes. Large-scale get-togethers can involve considerable

Like many business owners, you might also own highly appreciated business or investment real estate. Fortunately, there’s an effective tax

Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions is April 18, 2017.

Although probate can be time consuming and expensive, perhaps its biggest downside is that it’s public — anyone who’s interested

The federal income tax filing deadline for calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or

It’s not uncommon for adult children to help support their aging parents. If you’re in this position, you might qualify

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision