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

You’d be surprised how often people fail to disclose foreign assets to their estate planning advisors. They assume that these

If you’re thinking about selling stock shares at a loss to offset gains that you’ve realized during 2022, it’s important

Two tax benefits are available to offset the expenses of adopting a child. In 2022, adoptive parents may be able

If you’re taking a second trip down the aisle, you may have different expectations than you did when you got

Many people have savings bonds that were purchased many years ago. Perhaps they were given to your children as gifts

These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles

You create an estate plan to meet technical objectives, such as minimizing gift and estate taxes and protecting your assets

The holiday season is here and many people plan to donate to their favorite charities or give money or assets

The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than

Among the many decisions you’ll have to make as your estate plan is being drafted is who you will appoint

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way

How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice

The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The

  The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection

  Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate

  Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed

  Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external

  The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,

  Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s

  There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now

  In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to

  Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you

  The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition

  The IRS has issued new guidance addressing a question that has lingered since the launch of the Paycheck Protection