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

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

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.

If you’re considering opening an investment account for your minor child or grandchild to help him or her save for

At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents

If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to

Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title

Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership

A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One

For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and

By purchasing stock in certain small businesses, you can diversify your investment portfolio. You also may enjoy preferential tax treatment,

One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type.