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
The term “probate” is one you’ve probably heard and might associate with negative connotations. But you may not fully understand
As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to
Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep
If you’re charitably inclined, it may be desirable to donate assets held in a trust. Why? Perhaps you’re not ready
Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your
If you have a family member who’s disabled, financial and estate planning can be tricky. You don’t want to jeopardize
The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate,
High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax
To ensure that a trust operates as intended, it’s critical to appoint a trustee that you can count on to
You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions
If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep
Have you made any New Year’s resolutions for 2021? Resolutions usually take the form of personal goals like eating healthier
On December 27, President Trump signed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as
Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in
If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes
Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still
As President-elect Joe Biden moves forward with the transition and prepares for the inauguration next month, you may be wondering
The year 2020 has taught businesses many lessons. The sudden onset of the COVID-19 pandemic followed by drastic changes to
As we approach the end of the year, it’s a good time to think about whether your business needs to
Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so,
According to literature, the “seven deadly sins” are lust, gluttony, greed, laziness, wrath, envy and pride. Although individuals may be
By now, some businesses have completed their 2021 budgets while others are still crunching numbers and scrutinizing line items. As