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
If you’re concerned about the impact of transfer taxes on your gifts, consider making “net gifts” to your loved ones.
If you’re in business for yourself as a sole proprietor, or you’re planning to start a business, you need to
April 18, 2022, is the deadline for filing your federal income tax return. Keep in mind that the gift tax
Traditional IRAs and Roth IRAs have been around for decades and the rules surrounding them have changed many times. What
If you operate a business, or you’re starting a new one, you know you need to keep records of your
Designing an estate plan can be a delicate balancing act. On the one hand, you want to preserve as much
Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022.
A primary purpose of estate planning is to ensure that your wealth is distributed according to your wishes after you
The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021
It’s difficult for many people to think about their mortality, so it’s not surprising to learn that many put off
Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax
Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according
Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every
The novel coronavirus (COVID-19) pandemic and the resulting economic fallout is dealing a crushing blow to charitable organizations. Indeed,
By now, most employers have presumably read up on the basic tax relief and financial assistance aspects of the
As businesses across the country grapple with the economic fallout from the novel coronavirus (COVID-19) pandemic, many must decide whether
In the midst of the coronavirus (COVID-19) pandemic, Americans are focusing on their health and financial well-being. To help with
The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to
The coronavirus (COVID-19) outbreak has changed the way most employers are interacting with their employees. Many organizations have sent
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50%
As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic,
You may have heard that the federal income tax filing and payment deadline has been extended from April 15,
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) allocates nearly $350 billion to a new lending program