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

After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an

Although your will or revocable trust governs the distribution of many or most of your assets, certain assets — such

You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax

If you’re married and have children from a previous marriage plus children or stepchildren from your current marriage, your family

If you’re paying back college loans for yourself or your children, you may wonder if you can deduct the interest

Hopefully, you already have a sound estate plan in place to protect the interests of your heirs and minimize potential

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep

If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to

Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021,

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there

Effective October 1, 2021, Florida employers to report newly retained independent contractors to Florida Department of Revenue* A new law

As we approach the holidays and the end of the year, many people may want to make gifts of cash

For years, life insurance has played a critical role in estate planning, providing a source of liquidity to pay estate

Every employer needs to keep records on pay, hours, workplace injuries and the like. And, of course, the fun doesn’t

The Trump administration has released its long-awaited proposed rule to update the overtime exemptions for so-called white-collar workers under the

In the broadest sense, strategic planning comprises two primary tasks: establishing goals and achieving them. Many business owners would probably

The Tax Cuts and Jobs Act created a new federal tax credit for employers that provide qualified paid family and

Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine

No matter how much effort you’ve invested in designing your estate plan, your will, trusts and other official documents may

The Department of Labor (DOL) announced in very late January the 2019 annual adjustments to the civil monetary penalties for

Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or

It’s not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax

People who live in states with high income taxes sometimes relocate to a state with a more favorable tax climate.

It’s in every employer’s best interest to keep an open mind about where the right talent for an open position