Gerson, Preston, Klein, Lips, Eisenberg & Gelber, P.A.

Balancing legacy and independence: The role of an inheritor's trust: An inheritor's trust is a specialized estate planning tool designed to protect and manage assets you pass to a beneficiary. One of its primary advantages is asset protection. It allows your beneficiary to receive his or her inheritance in trust rather than as an outright gift or bequest. Thus, the assets are kept out of […] https://bit.ly/41kcdpd

Making an impact! Our Denver team recently volunteered with Project Angel Heart, delivering meals across the city to those who need it most. Giving back is at the heart of Gerson Preston’s values, and we’re proud to support such a meaningful cause.

Questions about taxes and tips? Here are some answers for employers: Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include restaurants, hotels and salons. Compliance with federal and state tax regulations is vital if your business has employees who receive tips. Are tips becoming tax-free? During the campaign, President Trump promised to end taxes on […] https://bit.ly/42TTMc9

Looking ahead to 2025 tax limits as you prepare to file your 2024 return: Chances are, you're more concerned about your 2024 tax return right now than you are about your 2025 tax situation. That's understandable because your 2024 individual tax return is due to be filed by April 15 (unless you file for an extension). However, it's a good time to familiarize yourself with tax amounts that may […] https://bit.ly/3EGJ0Ms

Success starts with diversity and support. At Gerson Preston, we create an environment where everyone thrives. Explore career opportunities here: https://lnkd.in/eAXz7EPW Stormy McGee

Charitably inclined? Pair a donor-advised fund with your estate plan: Your estate plan is the perfect place to make charitable gifts if you're a charitably inclined individual. One vehicle to consider using is a donor-advised fund (DAF). What's the main attraction? Among other benefits, a DAF allows you to set aside funds for charitable giving while you're alive, and you (or your heirs) can direct […] https://bit.ly/40PsGAe

Join us in welcoming Alex Toback, CPA to our Boca office as our newest Tax Senior! With his impressive background as a Tax Senior Associate, we're excited to see the incredible contributions he'll bring to the team. We're confident he will accomplish great things here—let’s give Alex a warm welcome!

Taming the tax tangle if you're retiring soon: Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition may bring a tangle of tax considerations. Planning carefully can help you minimize tax bills. Below are four steps to take if you're approaching retirement, along with the tax implications. […] https://bit.ly/4hOKNx9

Our Boca team had a fantastic time at the Florida Atlantic University Accounting Career Fair this week, connecting with future tax professionals and sharing why Gerson Preston is the place to start your accounting career. The momentum started earlier in the week when our Miami team attended the University of Miami Accounting Career Fair, meeting driven students ready to launch their careers. Ready to take the next step? Explore career opportunities with us: https://lnkd.in/eAXz7EPW

President Trump's tax plan: What proposals are being discussed in Washington?: President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including its federal tax system. Congress is already working on legislation that would extend and expand provisions of the sweeping Tax Cuts and Jobs Act (TCJA), as well as incorporate some of Trump's tax-related campaign promises. […] https://bit.ly/416ulD1