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

The IRS has just announced that it will begin accepting 2017 income tax returns on January 29. You may be

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep

Charity Funds Take Off as Tax Law Reshapes Giving | Gerson Preston https://www.wsj.com/articles/charity-funds-take-off-as-tax-law-reshapes-giving-1517502089

‘Wild west’ days are over for cryptocurrencies, as IRS steps up tax enforcement | Gerson Preston https://www.cnbc.com/2018/01/17/irs-steps-up-tax-enforcement-for-cryptocurrencies.html

New Year Celebrations with Gerson Preston at Grille 66! | Gerson Preston

Although the drop of the corporate tax rate from a top rate of 35% to a flat rate of 21%

On December 20, the House passed the Tax Cuts and Jobs Act of 2017 (TCJA), which the Senate had passed

According to the Association of Certified Fraud Examiners (ACFE), tips — particularly those made through anonymous hotlines — are the

  Various limits apply to most tax deductions, and one type of limit is a “floor,” which means expenses are

  Financial statement fraud is committed by intentionally misrepresenting an organization’s financial condition. A perpetrator might do this by omitting

  Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018.

Everyone needs to plan for retirement. But as a business owner, you face a distinctive challenge in that you must

If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must

One of the primary goals of estate planning is to put in writing how you want your wealth distributed to

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit

If you’re putting aside money for college or other educational expenses, consider a tax-advantaged 529 savings plan. Also known as

Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation

If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a

Federal estate tax liability is no longer an issue for many families, now that the gift and estate tax exemption

Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused

In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA).