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
Life insurance can be a powerful financial and estate planning tool, but its benefits may be reduced or even eliminated
The election of Donald Trump as President of the United States could result in major tax law changes in 2017.
Special tax benefits for military members. The IRS reminds service members that they may qualify for special tax benefits. These
What’s your status? An accurate tax return depends partly on using the right filing status. When one taxpayer’s living situation
Saving for retirement can be tough if you’re putting most of your money and time into operating a small
U.S. multinationals optimistic for another repatriation holiday. President-elect Trump’s election win moves large U.S. corporations closer than they’ve been in
Could on-site childcare become more attractive for businesses under President-elect Trump? On his website, Trump proposed during the campaign to
Will you owe the 3.8% net investment income tax (NIIT) on unearned income? Try to reduce your exposure. It’s a
Many tax breaks are reduced or eliminated for higher-income taxpayers. Two of particular note are the itemized deduction reduction and
In addition to income tax, you must pay Social Security and Medicare taxes on earned income, such as salary and
Typically, it’s better to defer tax. One way is through controlling when your business recognizes income and incurs deductible expenses.
There’s a lot to think about when you change jobs, and it’s easy for a 401(k) or other employer-sponsored retirement
Now that small businesses and their owners have filed their 2017 income tax returns (or filed for an extension), it’s
What 2017 tax records can you toss once you’ve filed your 2017 return? The answer is simple: none. You need
If you want to preserve as much wealth as possible for your children, but you leave property to your spouse
Most people are genuinely appreciative of inheritances. But sometimes it may be too good to be true. While inherited property
Every business owner launches his or her company wanting to be successful. But once you get out there, it usually
The Mercedes-Benz Corporate Run is a South Florida staple since 1985, attracting local runners and companies for more than 30
Gerson Preston Features Partner Stuart Rohatiner at University of Miami’s April 2018 event “It is All About the U”. Photo
Gerson Preston Recognizes Partner Melisse Burstein at her event: Financial Fitness for Women: Work on Strengthening your other A$$-ets, where
Passage of the Tax Cuts and Jobs Act (TCJA) in December 2017 has led to confusion over some of the
Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2018.
When a company’s deductible expenses exceed its income, generally a net operating loss (NOL) occurs. If when filing your 2017
You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). But