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

Providing for the educational needs of your children, grandchildren and even future generations is an honorable estate planning objective. What

When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount

These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be

Let’s assume you have a legally valid will but you’ve decided that it should be revised because of a change

The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA). President Biden is expected to sign

When you filed your federal tax return this year, were you surprised to find you owed money? You might want

Are you a partner in a business? You may have come across a situation that’s puzzling. In a given year,

If you’re approaching retirement or have already retired, one of the biggest challenges is balancing the need to maintain your

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject

Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called

Personal items — which may have modest monetary value but significant sentimental value — may be more difficult to address

A business or individual might be able to dispose of appreciated real property without being taxed on the gain by

The new American Rescue Plan Act provides eligible families with an enhanced child and dependent care credit for 2021. This

President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP) application

President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best

For many people, an important goal of estate planning is to leave a legacy for their children, grandchildren and future

April 15 is not only the deadline for filing your 2020 tax return, it’s also the deadline for the first

The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic,

While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses.

The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended

For many people, the first thing they think of when they hear the words “estate plan” is a will. And

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is

Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals

If you’re approaching retirement, you probably want to ensure the money you’ve saved in retirement plans lasts as long as