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

Inventory is a prime target for fraud schemes, second only to cash. Retailers, manufacturers and contractors are at risk for

Extra time to supply Affordable Care Act (ACA) statements. The IRS has extended the ACA information reporting due date to

Is your inventory being stolen by dishonest employees or customers? Inventory is a prime target for fraud schemes, second only

Educational institutions get extended penalty relief for tuition reporting change. The IRS has announced that it is extending previously granted

Bipartisan bill introduced in Senate to strengthen retirement savings. On Nov. 17, Senate Finance Committee Chair Orrin Hatch (R-UT) and

“Mailbox rule” reigns supreme. A federal district court dismissed a suit by married taxpayers who claimed they’d filed a timely,

Typically, much of the estate planning process focuses on money. But the most successful estate plans are founded on relationships.

Life insurance can be a powerful financial and estate planning tool, but its benefits may be reduced or even eliminated

The election of Donald Trump as President of the United States could result in major tax law changes in 2017.

Special tax benefits for military members. The IRS reminds service members that they may qualify for special tax benefits. These

What’s your status? An accurate tax return depends partly on using the right filing status. When one taxpayer’s living situation

  Saving for retirement can be tough if you’re putting most of your money and time into operating a small