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

A living trust is one of the most versatile estate planning tools available. It offers a streamlined way to manage

Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will

When creating a will, most people focus on the big-ticket items — including who gets the house, the car and

Saving taxes probably isn’t your primary reason for supporting your favorite charities. But tax deductions can be a valuable added

If you pay more than $10,000 in state and local taxes (SALT), a provision of the One Big Beautiful Bill

Making sure your family will be able to locate your estate planning documents when needed is one of the most

Now is the time of year when taxpayers search for last-minute moves to reduce their federal income tax liability. Adding

The IRS recently issued its 2026 cost-of-living adjustments for more than 60 tax provisions. The One Big Beautiful Bill Act

If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand

Life insurance is often a cornerstone of estate planning, providing liquidity to cover estate taxes, debts or other obligations. However,

Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to

Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E)