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

While April 15 (April 17 this year) is the main tax deadline on most individual taxpayers’ minds, there are others

U.S. citizens working abroad are generally taxed on their worldwide income, but if they have a tax home in a

Today, it’s not unusual for a family to include children from prior marriages. These “blended” families can create estate planning

Non-U.S. citizens in the United States face some estate planning challenges when it comes to taxes. If you’re a U.S.

Celebrating the successful end of another tax season with the team…Thanks to everyone who contributed to the success of the

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

Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022.

A primary purpose of estate planning is to ensure that your wealth is distributed according to your wishes after you

The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021

It’s difficult for many people to think about their mortality, so it’s not surprising to learn that many put off

Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax

After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an

Although your will or revocable trust governs the distribution of many or most of your assets, certain assets — such

You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax

If you’re married and have children from a previous marriage plus children or stepchildren from your current marriage, your family

If you’re paying back college loans for yourself or your children, you may wonder if you can deduct the interest

Hopefully, you already have a sound estate plan in place to protect the interests of your heirs and minimize potential

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep