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

During the holiday season your thoughts likely turn to helping those in need by making charitable donations. Doing so will

Standard mileage rates decrease for 2017. The IRS announced that the optional mileage allowance for owned or leased autos, vans,

Year end is just about here. You know what that means, right? It’s a great time to settle in by

An alternative way to be charitable. Taxpayers who are at least 70½, who have IRAs and who wish to donate

Flexible Spending Accounts (FSAs) save tax. The IRS reminds eligible employees to take advantage of employer health care FSAs in

A tried-and-true estate planning strategy is to make tax-free gifts to loved ones during life, because it reduces potential estate

The 2016 gift tax annual exclusion allows you to give up to $14,000 per recipient tax-free without using up any

If you limit how many vacation days employees can roll over to the new year, you might find your workplace

Get ready to file your tax return in 2017. The IRS announced that the 2017 tax filing season will begin

Be sure to take required minimum distributions (RMDs) by year end, if required. If you’ve reached age 70 1/2, take

There are some last-minute moves that may save you money on your 2016 taxes. 1) If you’re eligible for a

Congress Watch: U.S. House of Representatives prepares to adjourn. On Dec. 8, the House passed H.R. 2028, “Further Continuing and