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

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

Back in late 2019, the first significant legislation addressing retirement savings since 2006 became law. The Setting Every Community Up

A Health Savings Account (HSA) can be a powerful tool for financing health care expenses while supplementing your other retirement

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that

There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume

Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax

Estate planning experts usually cite the need to include advance health care directives in a comprehensive estate plan. But there

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and

Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic. One of the tax breaks that

The economic impact of the novel coronavirus (COVID-19) is unprecedented and many taxpayers with student loans have been hard hit.

For business owners, succession planning is ideally a long-term project. You want to begin laying out a smooth ownership transition,

The novel coronavirus (COVID-19) pandemic has caused some people to contemplate their own mortality or that of a family member.

The U.S. Senate has passed the bipartisan Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck

The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The

  The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection

  Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate

  Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed

  Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external

  The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,

  Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s