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

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

Many people who launch small businesses start out as sole proprietors. Here are nine tax rules and considerations involved in

Married couples often wonder whether they should file joint or separate tax returns. The answer depends on your individual tax

A financial power of attorney can be a valuable planning tool. The most common type is the durable power of

Many of today’s businesses employ workers from across the generational spectrum. Employees may range from Baby Boomers to members of

Auditors use various procedures to verify the amounts reported on your financial statements. In addition to reviewing original source documents

Are you an employer who owns a business where tipping is customary for providing food and beverages? You may qualify

If you’re getting ready to file your 2019 tax return, and your tax bill is higher than you’d like, there

For 2020, the lifetime gift and estate tax exemption has reached a whopping $11.58 million ($23.16 million for married couples).

To guard against natural disasters and other calamities, many companies buy business interruption insurance. These policies provide cash flow to

Finding the right person to head up your company’s finance and accounting department can be challenging in today’s tight labor

Right now, you may be more concerned about your 2019 tax bill than you are about your 2020 tax situation.

The word “concentration” is usually associated with a strong ability to pay attention. Business owners are urged to concentrate when