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.

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by

When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child

With the filing date for 2017 in the rearview mirror for most businesses and individuals, the last thing they probably

Employees don’t always fill out their W-4 forms accurately. For example, some may wrongly write “exempt” on the withholding portion

At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a

In many parts of the country, summer is peak season for selling a home. If you’re planning to put your

In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it

One common configuration of employee benefits today is a cafeteria plan with options for pretax contributions that include a health

“That’s just the cost of doing business.” You’ve probably heard this expression many times. It’s true that, to invoke another

  If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of

The bookkeeper is one of any company’s most trusted employees. Unfortunately, that trust isn’t always deserved. Bookkeepers — particularly those

The summer months are almost here and, with them, the prospect of many employers offering unpaid internships to high school