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

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

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

In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If

Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are

Estate tax planning can become complicated when multiple parties are involved. For example, you may be concerned about providing assets

The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been

  The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult

  On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and

  A new law signed by President Trump on March 27 provides a variety of tax and financial relief measures

  If you’ve invented something during your lifetime and had it patented, your estate includes intellectual property (IP). The same

  To help mitigate the financial and health crises related to the coronavirus (COVID-19), on Friday, March 27, 2020, President

  The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) represents the third phase of Congress’s legislative efforts to

  Congress passed and the president signed into law the Families First Coronavirus Response Act on March 18. The law

  After extensive negotiations between the U.S. House of Representatives, the U.S. Senate and the White House, an agreement has

  Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus

  Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small

You may have several different types of trusts in your estate plan. In general, to achieve the greatest tax savings,

The IRS and the U.S. Treasury Department have been making a series of announcements to provide tax relief in the