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

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

Perhaps. It depends on several factors, such as your parent’s income and how much financial support you provided. If you

For a variety of estate planning and asset management purposes, many affluent families hold their assets in trusts, family investment

A financial power of attorney — sometimes called a “power of attorney for property” or a “general power of attorney”

  Whether you had a child in college (or graduate school) last year or were a student yourself, you may

Gerson Preston’s Partner Steven Klein and Mr.Nicolo’ Fabbrizio led a panel discussion on US tax reform and its potential implications

“How much money did Jeffrey Loria make from the Marlins? County wants his tax returns.” Melisse Burstein, a forensic accountant

Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how

Mitigating the adverse effects of climate change is one of the primary targets of the recently enacted Inflation Reduction Act

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or

Whether the economic climate is stable or volatile, one thing never changes: the need to protect your assets from risk.

Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in

The term “probate” is one you’ve probably heard and might associate with negative connotations. But you may not fully understand

As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to

Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep

If you’re charitably inclined, it may be desirable to donate assets held in a trust. Why? Perhaps you’re not ready

Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your

If you have a family member who’s disabled, financial and estate planning can be tricky. You don’t want to jeopardize