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

At Gerson Preston, we are honored to have a hand in expanding educational opportunities for students through school leadership as

Gerson Preston partner Stuart Rohatiner Discusses Tax and Stock Marketing Investing with Students at the Alanso & Tracy Mourning High

Highlights from Gerson Preston’s Trip to Italy! Networking around the world… | Gerson Preston 

FinREC releases more revenue recognition working drafts https://www.journalofaccountancy.com/news/2017/nov/finrec-revenue-recognition-working-drafts-201717791.html | Gerson Preston

Steps you make before the end of the year can help mitigate the tax bite you’ll face come next April.

Gerson Preston attended The Commonwealth Institute of South Florida’s 14th Annual Leadership Luncheon, held aboard the beautiful Celebrity Equinox ship

Gerson Preston Partners with the Council for Educational Change during Principal Today 2017 | Gerson Preston THE COUNCIL FOR EDUCATIONAL

Celebrating the birthday of our founder, Mr. Gary Gerson!!! 55 Years with Gerson Preston, and Counting! Happy Birthday!!!! | Gerson

Now that we’ve hit midsummer, if you own a vacation home that you both rent out and use personally, it’s

Hurricane tax relief has many pieces. On Sept. 29, Congress passed the Disaster Tax Relief and Airport and Airway Extension

Checkpoint Special Study: Tax Provisions in the 2017 Disaster Tax Relief Bill – Thomson Reuters Tax & Accounting https://tax.thomsonreuters.com/media-resources/news-media-resources/checkpoint-news/daily-newsstand/checkpoint-special-study-tax-provisions-in-the-2017-disaster-tax-relief-bill/ | Gerson

If You Traded Bitcoin, You Should Report Capital Gains To The IRS | Gerson Preston The IRS considers cryptocurrencies, including

In order to take advantage of two important depreciation tax breaks for business assets, you must place the assets in

Donations to qualified charities are generally fully deductible, and they may be the easiest deductible expense to time to your

When planning their estates, many people agonize over the negative impact their wealth might have on their children. To address

Taxpayers may challenge IRS expert’s valuation in gift tax case. The U.S. Court of Appeals for the First Circuit has

Tax deferral denied despite lack of prearranged plan for related-party transaction. Sec. 1031 allows capital gains to be deferred when

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