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
The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been
In a historically tenuous time to retain employees, small employers are particularly at risk. Whereas a large employer might be
The “stretch” IRA generally no longer exists. But if you have a substantial balance in a traditional IRA, a properly
If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re
In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for
Precise language is critical in wills, trusts and other estate planning documents. A lack of clarity may be an invitation
If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there
The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax
One goal of estate planning is to avoid or minimize probate. This is particularly important if you own real estate
If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could
If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the
If you own your own company and travel for business, you may wonder whether you can deduct the costs of
If you operate a small business, or you’re starting a new one, you probably know you need to keep records
Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis has resulted in a slowdown
Transferring a family business to the next generation requires a delicate balancing act. Estate and succession planning strategies aren’t always
Some companies are expected to report impairment losses in fiscal year 2020 because of the COVID-19 crisis. Depending on the
You may have good intentions in keeping a trust a secret from its beneficiaries. Perhaps you have concerns that, if
Using a revocable trust — sometimes referred to as a “living trust” — is a common estate planning strategy to
It’s often difficult for married couples to save as much as they need for retirement when one spouse doesn’t work
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