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
Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a
President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including
Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your
The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage
Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if
Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) —
It’s not uncommon for people who live in states with high income taxes to relocate to states with more favorable
To help make sure you don’t miss any important 2025 deadlines, we’re providing this summary of when various tax-related forms,
Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your
A revocable trust — sometimes known as a “living trust” — can provide significant benefits. They include the ability to
Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage
According to the Pew Research Center, nearly a quarter (23%) of U.S. children under the age of 18 live
With its winter recess looming before it, Congress has engaged in a flurry of activity. Most notably, it reached agreement
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020. Keep
If you’re adopting a child, or you adopted one this year, there may be significant tax benefits available to offset
Business owners are urged to create succession plans for the good of their families and their employees. But there’s someone
The IRS recently issued guidance on how businesses, self-employed individuals and qualified employees can use the per diem rules to
Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated
With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may think
As we all know, medical services and prescription drugs are expensive. You may be able to deduct some of your
The word “probate” may conjure images of lengthy delays waiting for wealth to be transferred and bitter disputes among family
In certain cases, the IRS is required to use private debt collection agencies (PCAs) to collect the amounts owed. The
At this time of year, many business owners ask if there’s anything they can do to save tax for the
For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that will