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

If you’re getting close to retirement age, you may be wondering if your Social Security benefits are going to be

Nonqualified deferred compensation (NQDC) plans pay executives or other key employees at some time in the future for services to

During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax.

Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your

When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s

Imagine giving your company’s retirement plan a report card. Would it earn straight A’s in preparing your participants for their

By now, most employers have read up on, hired and gotten to know Millennials. Well, guess what? A whole new

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a

Now that most schools are out for the summer, you might be sending your children to day camp. It’s often

A common estate planning mistake that people make is to own property jointly with an adult child or other family

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep

To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts