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

For years, life insurance has played a critical role in estate planning, providing a source of liquidity to pay estate

Every employer needs to keep records on pay, hours, workplace injuries and the like. And, of course, the fun doesn’t

The Trump administration has released its long-awaited proposed rule to update the overtime exemptions for so-called white-collar workers under the

In the broadest sense, strategic planning comprises two primary tasks: establishing goals and achieving them. Many business owners would probably

The Tax Cuts and Jobs Act created a new federal tax credit for employers that provide qualified paid family and

Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine

No matter how much effort you’ve invested in designing your estate plan, your will, trusts and other official documents may

The Department of Labor (DOL) announced in very late January the 2019 annual adjustments to the civil monetary penalties for

Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or

It’s not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax

People who live in states with high income taxes sometimes relocate to a state with a more favorable tax climate.

It’s in every employer’s best interest to keep an open mind about where the right talent for an open position