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

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

  The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in a previous

  The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right

  If you have outstanding loans to your children, grandchildren or other family members, consider forgiving those loans to take

  The Small Business Administration (SBA) has extended the repayment deadline for Payroll Protection Program (PPP) borrowers that wish to

  As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low.

  The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market

  In response to the novel coronavirus (COVID-19) outbreak, many employers have closed all or parts of their operations —

  The novel coronavirus (COVID-19) pandemic has adversely affected the global economy. Companies of all sizes in all industries are

  The IRS recently issued Notice 2020-23, expanding on previously issued guidance extending certain tax filing and payment deadlines in

  The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related

  The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules for

  Congress and the Trump administration have struck a deal on another piece of legislation, the latest in a series