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

If you’re divorcing, it’s important to review your estate plan as early as possible, for two reasons: First, you may

We’ve reached the middle of the calendar year. So how are things going for your business? Conversationally you might say,

The U.S. Senate has passed, and President Trump is expected to sign into law, a broad package of reforms aimed

Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax

The record-high exemption amount currently in effect means that fewer families are affected by gift and estate taxes. As a

Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or

Many employers believe they’ve taken adequate steps to prevent employment discrimination. And yet, it happens. The Equal Employment Opportunity Commission

If federal income tax and employment taxes (including Social Security) are withheld from employees’ paychecks and not handed over to

Life insurance has long provided a source of liquidity to pay estate taxes and other expenses. But, with the estate

When you retire, you may consider moving to another state — say, for the weather or to be closer to

When you retire, you may consider moving to another state — say, for the weather or to be closer to