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

When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next

When estate planning, it’s common for parents to leave their primary residence or a vacation home to their children. While

Are you starting a business with partners and deciding on the right entity? An S corporation might be the best

Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction

If you’ve given a significant financial gift to a family member, you may wonder whether you’re required to file a

If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re

Even if you’re single and have no children, having an estate plan helps ensure your final wishes are clearly documented

Victims of presidentially declared disasters in recent years who couldn’t previously claim a casualty loss deduction may now be able

A revocable trust (sometimes referred to as a “living trust”) is a popular estate planning tool that allows you to

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a

Your estate plan is the perfect place to make charitable gifts if you’re a charitably inclined individual. One vehicle to

The Child Tax Credit (CTC) has long been a valuable tax break for families with qualifying children. Whether you’re new

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a

Now that most schools are out for the summer, you might be sending your children to day camp. It’s often

A common estate planning mistake that people make is to own property jointly with an adult child or other family

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep

To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts

If you’re divorcing, it’s important to review your estate plan as early as possible, for two reasons: First, you may

We’ve reached the middle of the calendar year. So how are things going for your business? Conversationally you might say,

The U.S. Senate has passed, and President Trump is expected to sign into law, a broad package of reforms aimed

Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax

The record-high exemption amount currently in effect means that fewer families are affected by gift and estate taxes. As a

Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or