CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the

Do you hold assets such as overseas real estate, foreign bank accounts or investments in international markets? Properly addressing foreign

Your estate plan should be flexible enough to adapt to changing laws, family circumstances and financial situations. If it includes

If you run your business as a C corporation, you may be eligible for a potentially significant tax break for

Would you like your estate plan to support your favorite charity and leave a legacy for your family? Two trust

The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited

Yes, the April 15 tax deadline is now behind us. But there are also deadlines during the rest of the

Donor-advised funds (DAFs) have become increasingly popular among individuals and families who want to simplify their charitable giving while maximizing

With the April 15 tax filing deadline in the rearview mirror, you’re likely to turn your attention to other things.

When most people think about estate planning, they focus primarily on tangible assets, such as real estate, investments and personal

The deadlines for filing 2025 tax returns (or extensions) are fast approaching. Although most tax planning moves must be completed

Life insurance can provide peace of mind. But if your estate is large enough that estate taxes are a concern,

If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to

Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021,

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there

Effective October 1, 2021, Florida employers to report newly retained independent contractors to Florida Department of Revenue* A new law

As we approach the holidays and the end of the year, many people may want to make gifts of cash

Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to

Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for

A charitable remainder trust (CRT) allows you to support a favorite charity while potentially boosting your cash flow, shrinking the

An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves

The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as

As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law,