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

This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased

Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills.

Virtually everyone needs an estate plan, but it isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, general

The IRS announced it is opening the 2019 individual income tax return filing season on January 27. Even if you

A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small

If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed

If you reside in a high-tax state, you may want to consider using nongrantor trusts to soften the blow of

As you’ve probably heard, a new law was recently passed with a wide range of retirement plan changes for employers

If, like many people, your traditional IRA holds a mixture of deductible (after-tax) and nondeductible (pretax) contributions, it’s important to

At the beginning of the year, many people make resolutions about improving their physical fitness. Employers may seek to lend

Some benefit plans are required to include an opinion from an independent qualified public accountant (IQPA) when filing Form 5500

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag