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

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

If you’re a parent or grandparent with college-bound children, you may want to save to fund future education costs. Here

If your small business has a retirement plan, and even if it doesn’t, you may see changes and benefits from

One of your primary estate planning goals may be to pass as much of your wealth to your family as

If you have a child or grandchild in college — congratulations! To help pay for the expenses, many parents and

Family-owned businesses face distinctive challenges when it comes to succession planning. For example, it’s important to address the distinction between

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that kept workers on staff during the

Many people include health care powers of attorney or advance directives in their estate plans so they have some influence

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and

You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep

Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work

The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their

The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue

Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there

If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax

Traditionally, estate planning has focused on more technical objectives, such as minimizing gift and estate taxes and protecting assets against