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

Many business owners are accustomed to running the whole show. But as your company grows, you’ll likely be better off

Some business owners make major decisions by relying on gut instinct. But investments made on a “hunch” often fall short

As you file your 2016 return and plan your charitable giving for 2017, it’s important to keep in mind the

Rather than keeping track of the actual cost of operating a vehicle, employees and self-employed taxpayers can use a standard

Because restricted gifts have stringent rules attached, they can be difficult for not-for-profits to manage and account for. How, then,

Last year you may have made significant gifts to your children, grandchildren or other heirs as part of your estate

Simplified Employee Pensions (SEPs) are sometimes regarded as the “no-brainer” first choice for high-income small-business owners who don’t currently have

Incentive stock options allow you to buy company stock in the future at a fixed price equal to or greater

Sharing your wealth with a favorite charity can benefit those in need and reduce your taxable estate. In addition, your

The Section 199 deduction is intended to encourage domestic manufacturing. In fact, it’s often referred to as the “manufacturers’ deduction.”

Was a college student in your family last year? Or were you a student yourself? You may be eligible for

“I’m taking a sick day!” This familiar refrain usually is uttered with just cause, but not always. What if there

When it comes to tax law changes and estate planning, the substantial increases to the gift and estate tax exemptions

Once an employer identifies a prospect for an open position and sets up an interview, another great challenge arises: How

Technology is tricky. Much of today’s software is engineered so well that it will perform adequately for years. But new

Miami accounting firm Gerson Preston has hired two interns from the Miami Summer Jobs Connect program for low-income youths. From

IRS Issues Guidelines on Waiving Filing Deadlines for Foreign Corporations The IRS Large Business and International Division (LB&I) has issued guidelines

The beneficiary defective inheritor’s trust (BDIT) allows you to enjoy the benefits of a traditional trust without giving up control

By and large, today’s employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to

For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal

In a much-anticipated ruling that confounded the expectations of many court watchers, the U.S. Supreme Court has given state and

While the Tax Cuts and Jobs Act (TCJA) reduced most ordinary-income tax rates for individuals, it didn’t change long-term capital

The most effective estate planning strategies often involve the use of irrevocable trusts. But what if you’re uncomfortable placing your

Funny thing about customers: They can keep you in business — but they can also put you out of it.