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

  After extensive negotiations between the U.S. House of Representatives, the U.S. Senate and the White House, an agreement has

  Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus

  Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small

You may have several different types of trusts in your estate plan. In general, to achieve the greatest tax savings,

The IRS and the U.S. Treasury Department have been making a series of announcements to provide tax relief in the

Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at

President Trump has signed into law the Families First Coronavirus Response Act. Among other things, the new law temporarily requires

U.S. Treasury Department Secretary Steven Mnuchin announced that the 2019 income tax filing deadline will be moved to July 15,

After U.S. Treasury Secretary Steven Mnuchin’s announcement that the deadline for paying federal income taxes would be extended, the IRS

If you’re the owner of an incorporated business, you probably know that there’s a tax advantage to taking money out

The IRS extends the federal income tax payment deadline After U.S. Treasury Secretary Steven Mnuchin’s announcement that the deadline for

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