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

Including a letter of instruction in your estate plan is a simple yet powerful way to communicate your personal wishes

The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial changes that will help small business taxpayers. Perhaps

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners.

Incorporating charitable giving into your estate plan can be a thoughtful and strategic way to support causes you care about

The federal government has announced a major change that will affect how numerous Americans receive their tax refunds and federal

As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire

For some time, President Trump and the GOP have had their sights on repealing many of the tax incentives created

Incorporating charitable giving into your estate plan can be a thoughtful and strategic way to support causes you care about

The One, Big, Beautiful Bill Act (OBBBA) includes, among many other things, numerous provisions that can affect an individual’s taxes.

As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire

Ever since the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017, estate planners have had to

The One, Big, Beautiful Bill Act (OBBBA) includes numerous provisions affecting the tax liability of U.S. businesses. For many businesses,