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
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 own a home and rent it to a relative, you may be surprised to find out there could
On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep
A smart estate plan should leave no doubt as to your intentions. Writing a letter of instruction can go a
As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from
You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to
When it comes to estate planning, trusts are appealing for many reasons. They can enable you to hold and transfer
Many businesses struggle to turn abstract strategic-planning ideas into concrete, actionable plans. One reason why is simple: ineffective meetings. The
There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall
You may have heard about a proposal in Washington to cut the taxes paid on investments by indexing capital gains
If you own an interest in a closely held business, it’s critical to have a well-designed, properly funded buy-sell agreement.
Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on
If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition —
If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions
Roth IRAs offer significant estate planning and financial benefits. If you have a substantial balance in a traditional IRA and
Many employers operate in locations where employees can bike to work. If you have employees who do so, you might
Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on