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

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.

  Tax reform legislation might be enacted before year end. If it is, companies following U.S. Generally Accepted Accounting Principles

  Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income

Ladies of Gerson Preston Celebrating the Holidays Together at Terramia Italian Restaurant | Gerson Preston 

Gerson Preston Celebrates the Birthday of our Partner, Steven Klein!! Happy birthday, Steve!! | Gerson Preston 

Spreading some holiday cheer at our Boca office today! Happy holidays from Gerson Preston! |Gerson Preston 

Last minute tax-saving business tips. As year-end approaches, if you own a business you could benefit from some tax-trimming moves.

Gamblers couldn’t deduct losses. “Professional” gamblers can deduct losses equal to their winnings, but the burden of proving the deduction

Exempt status revoked, but not denied. A volunteer fire department provided fire protection, ambulance and rescue services to the community.

Summons issued to bitcoin exchange. Coinbase, the nation’s largest bitcoin exchange firm, has been served with an IRS summons seeking

Attention employers: There are three ways to set up an automatic enrollment 401(k) plan. Many Americans are unprepared for retirement

Security tips for taxpayers. The IRS suggests that you always: use security software with firewall and antivirus protections, make sure

IRS puts personal info at risk. Employees in the IRS Small Business/Self-Employed Division often don’t follow the agency’s email policies

Expecting tax cuts next year? President-elect Trump declared one of his top priorities to be passage of a “major tax

Distributor’s TV packages don’t qualify. In two similar Technical Advice Memorandums, the IRS determined that a television subscription package sold

Taxpayers denied child tax breaks. For part of a year, a married couple lived with a child from the wife’s

The last month or so of the year offers accrual-basis taxpayers an opportunity to make some timely moves that might

Accrual-basis taxpayer? One way to save tax is to properly record and recognize expenses that were incurred this year but