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,

Technology has made it easier to work from home so lots of people now commute each morning to an office

The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax

In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding

The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019

The IRS has issued final regulations that should provide comfort to taxpayers interested in making large gifts under the current

With its winter recess looming before it, Congress has engaged in a flurry of activity. Most notably, it reached agreement

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020. Keep

If you’re adopting a child, or you adopted one this year, there may be significant tax benefits available to offset

Business owners are urged to create succession plans for the good of their families and their employees. But there’s someone

The IRS recently issued guidance on how businesses, self-employed individuals and qualified employees can use the per diem rules to

Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated

With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may think