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

IRS permits same-sex couples to recalculate marital exclusion amounts http://bit.ly/2jsmUPY

Many businesses receive payment in advance for goods and services. Examples include magazine subscriptions, long-term supply contracts, organization memberships, computer

As the saying goes, nothing lasts forever — and that goes for most companies. Then again, with the right succession

The most useful metric to gauge a company’s performance isn’t necessarily net income, pretax profits or earnings per share, as

The executor’s role is critical to the administration of an estate and the achievement of estate planning objectives. So your

If you’re like many Americans, you might not start thinking about filing your tax return until close to this year’s

Do you start thinking about filing your tax return when it gets close to the April deadline? You might even

Tax refund delay to hurt some people. A 2015 law requires the IRS to delay, until at least Feb. 15,

In December, Congress passed the 21st Century Cures Act. The long and complex bill covers a broad range of health

Asset protection trusts — both offshore and domestic — can be effective vehicles for protecting your wealth in today’s litigious

Gathering knowledge about your company’s competitors and industry has never been easier. This practice, known as “competitive intelligence,” can help

Medical expense deductions can be difficult for many taxpayers to claim. That’s because most people can only deduct qualified medical

Gerson Preston Features Partner Stuart Rohatiner at University of Miami’s April 2018 event “It is All About the U”. Photo

Gerson Preston Features Partner Stuart Rohatiner who spoke at the recent University of Miami Global Entertainment and Sports 2018 Conference.

Classifying workers as independent contractors — rather than employees — can save businesses money and provide other benefits. But the

A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide

The Treasury Department and the Internal Revenue Service (IRS) today provided additional guidance (Notice 2018-13) for computing the “transition tax”

IRAs and employer-sponsored plans such as 401(k)s are powerful retirement savings tools, but they also provide valuable estate planning benefits.

If your organization offers a 401(k) plan, you’re probably aware that you can lay down some rules regarding when participants

We live and work in an era of big data. Banks are active participants, keeping a keen eye on metrics

Enjoying the beauty of our new mural, celebrating the rich history of our firm, as the sun rises early morning

IRS ending amnesty for taxpayers with secret foreign bank accounts | Gerson Preston The IRS is ending a program that

Florida Passes New Tax Rate Reductions for Commercial Properties | Gerson Preston Florida decreases the sales tax rate on real

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a