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 run a business “on the side” and derive most of your income from another source (whether from another

Like many businesses, yours may allow retirement plan participants to take out loans from their accounts. Such loans are governed

There are few events that can completely upend a person’s life more than divorce. Of course, there’s the emotional toll

An agreed upon procedures (AUP) engagement uses procedures similar to an audit, but on a smaller and limited scale. Here’s

Company retreats can cost enormous amounts of time and money. Are they worth it? Sometimes. Large-scale get-togethers can involve considerable

Like many business owners, you might also own highly appreciated business or investment real estate. Fortunately, there’s an effective tax

Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions is April 18, 2017.

Although probate can be time consuming and expensive, perhaps its biggest downside is that it’s public — anyone who’s interested

The federal income tax filing deadline for calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or

It’s not uncommon for adult children to help support their aging parents. If you’re in this position, you might qualify

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision