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

As the old saying goes, “Knowledge is power.” This certainly rings true in business, as those who best understand their

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies

Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you

An unexpected outcome of the recent death of designer Karl Lagerfeld is that the topic of estate planning for pets

For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees

Today’s business technology is both powerful and restive. No matter how “feature rich” a software solution or hardware asset may

If you run your business from your home or perform certain functions at home that are related to your business,

While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits

It’s probably safe to say that most employers have created some form of an employee handbook. But just because your

Donating to charity is a key estate planning strategy for many people. It reduces the size of your taxable estate

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —