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

Relief from Student Loan Debt: What Are the Tax Implications? | Gerson Preston Today’s college students often leave school with

Consider Hosting a Family Meeting about Your Estate Plan | Gerson Preston If you’re a business owner and a high-net-worth

Understand Your Social Security Retirement Benefits |Gerson Preston For years, people have questioned the viability of the Social Security system

Gerson Preston Expands Boca Raton Footprint with New Office Move! – http://bit.ly/2ud9meU |Gerson Preston    

Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2017. Keep

If your estate plan includes one or more trusts, review them in light of income taxes. For trusts, the income

Families who wish to give to charity while minimizing gift and estate taxes should consider a charitable lead trust (CLT).

Some people make video recordings of their will signings in an effort to create evidence that they possess the requisite

You’d be hard pressed to find a company not looking to generate more leads, boost sales and improve its profit

It can be difficult in the current job market for students and recent graduates to find summer or full-time jobs.

If you recently filed for your 2016 income tax return (rather than filing for an extension) you may now be

Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate

For 2020, the lifetime gift and estate tax exemption has reached a whopping $11.58 million ($23.16 million for married couples).

To guard against natural disasters and other calamities, many companies buy business interruption insurance. These policies provide cash flow to

Finding the right person to head up your company’s finance and accounting department can be challenging in today’s tight labor

Right now, you may be more concerned about your 2019 tax bill than you are about your 2020 tax situation.

The word “concentration” is usually associated with a strong ability to pay attention. Business owners are urged to concentrate when

If you’re in line to inherit property from a parent or other loved one, it’s critical to understand the basis

Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future. Sometimes companies

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a

An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here

Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if

Before you jump headfirst into the year-end financial reporting process, review the role independent audit committees play in providing investors

To help you make sure you don’t miss any important 2020 deadlines, we’ve provided this summary of when various tax-related