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

Does your college-aged child have a basic estate plan? In more cases than not, the answer is “no.” The good

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

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

The IRS recently announced that it’ll increase the standard mileage rate for qualified business driving for the second half of

The best laid plans can go awry. After your death, events may transpire that you hadn’t anticipated or couldn’t have

Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to

For many business owners, estate planning and succession planning go hand in hand. As the owner of a closely held

The downturn in the stock market may have caused the value of your retirement account to decrease. But if you

Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers

Families that have children who are adopted, or stepchildren who haven’t been legally adopted, may face unique estate planning challenges.

Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible

You’ve probably heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you.

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for

There’s no shortage of online do-it-yourself (DIY) tools that promise to help you create an “estate plan.” But while these

The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year,

If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the

Are you planning to move to a different state? It may be due to a change in jobs, a desire

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