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’ve probably heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you.
Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for
There’s no shortage of online do-it-yourself (DIY) tools that promise to help you create an “estate plan.” But while these
The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year,
If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the
Are you planning to move to a different state? It may be due to a change in jobs, a desire
Mitigating the adverse effects of climate change is one of the primary targets of the recently enacted Inflation Reduction Act
IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation
Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or
Whether the economic climate is stable or volatile, one thing never changes: the need to protect your assets from risk.
Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in
If you have minor children, choosing a guardian to care for them should you die unexpectedly is one of the
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May
Now that the federal gift and estate tax exemption has reached an inflation-adjusted $11.7 million for 2021, fewer estates are
Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial
Although much of estate planning deals with what happens after you die, it’s equally important to have a plan for
Even though the federal gift and estate tax exemption is currently very high ($11.7 million for 2021), there are families
President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
One advantage of inheriting an IRA from your spouse is that you’re entitled to transfer the funds to a spousal
If you have a life insurance policy, you may want to ensure that the benefits your family will receive after
Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport