CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

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

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

Identity theft isn’t just a consumer problem. Criminals steal the identities of businesses, too. In addition to filing fraudulent tax

Of course, you expect the declarations in your will to be carried out, as required by law. Usually, that’s exactly

It’s easy to get frustrated when an employee is failing to produce the volume or quality of work you’re looking

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably

Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes

Many estate planning techniques are intended to minimize or even eliminate gift and estate taxes when transferring assets to family

Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual

A common estate planning mistake is to designate a minor as beneficiary — or contingent beneficiary — of a life

If you own a business and have a child in high school or college, hiring him or her for the

Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences

An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves

Most businesses approach technology as an evolving challenge. You don’t want to overspend on bells and whistles you’ll never fully