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

If you’re age 65 or older and enrolled in basic Medicare insurance, you may need to pay additional premiums to

As a closely held business owner, a substantial amount of your wealth likely is tied to the business. Of course,

On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA).

The U.S. House of Representatives passed The One, Big, Beautiful Bill Act on May 22, 2025, introducing possible significant changes

Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re

For many people, creating an estate plan falls into the category of important but not urgent. As a result, it

If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases,

Do you believe you don’t need to worry about estate planning because of the current federal estate tax exemption ($13.99

The Tax Cuts and Jobs Act (TCJA) effectively doubled the unified federal gift and estate tax exemption — and annual

Asset protection is a strategic approach to safeguarding your wealth from potential lawsuits and creditor claims. Indeed, protecting your assets

As the use of digital assets like cryptocurrencies continues to grow, so does the IRS’s scrutiny of how taxpayers report

The U.S. House of Representatives passed its sweeping tax and spending bill, dubbed The One, Big, Beautiful Bill Act (OBBBA),