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

Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to

Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his

The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only

Although merger and acquisition activity has been down in 2022, according to various reports, there are still companies being bought

Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his

Sales and registrations of electric vehicles (EVs) have increased dramatically in the U.S. in 2022, according to several sources. However,

If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key

Here’s a not-so-fun fact: The generation-skipping transfer (GST) tax is among the harshest and most complex in the tax code.

Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The

“Thanks, but no thanks.” If you expect to receive an inheritance from a family member, you might want to use

Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several

As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to

It should come as no surprise that cash is the most popular target of fraud perpetrators. After all, once stolen,

Charitable giving is a key part of estate planning for many people. If you have a collection of valuable art

It’s no surprise that 360-degree performance evaluations have grown in popularity. We live and work in an age of data

The Employee Retirement Income Security Act (ERISA) covers both defined-benefit and defined-contribution retirement plans. If your organization offers its employees

Absenteeism has typically been a thorn in the side of many companies. But there’s a flip side to employees failing

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of

If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from

If your estate plan includes a revocable trust — also known as a “living” trust — it’s critical to ensure

A strong economy leads some company owners to cut back on marketing. Why spend the money if business is so

Because they foster a collegial, trusting environment, law firms can be more vulnerable to fraud than many other types of

As an individual, you’ve no doubt been urged to regularly check your credit score. Most people nowadays know that,

If you’re the parent of a child who is age 17 to 23, and you pay all (or most) of