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

There’s no law that says you can’t prepare your own estate plan. And with an abundance of online services that

If you’ve done any research into employee benefits for your business recently, you may have come across a bit of

One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company

Converting a traditional IRA to a Roth IRA can provide tax-free growth and tax-free withdrawals in retirement. But what if

Do you need a trust protector? Maybe, if you aren’t completely confident the trustee will carry out your wishes. A

If you have a child or other family member with a disabling condition that requires long-term care or prevents (or

Under the Tax Cuts and Jobs Act, employees can no longer claim the home office deduction. If, however, you run

There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. A

Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could

President Trump and Republican lawmakers currently are considering a second round of tax reform legislation as a follow-up to last

It may be difficult to consider, but funeral arrangements are a critical component of your estate plan. Failure to clearly

Many employers sponsor 401(k) plans to help employees save for retirement. But sometimes those employees need access to plan funds