CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

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

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

What if the unthinkable happens and your spouse dies unexpectedly? Would you be prepared to cope emotionally and financially? As

An annual estate plan checkup is critical to the health of your estate plan. Because various exclusion, exemption and deduction

Retirement plan contribution limits are indexed for inflation, and many have gone up for 2019, giving you opportunities to increase

Estate planning aims to help individuals achieve several important goals — primary among them, transferring wealth to loved ones at

Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately for fraud experts, business owners’

A revocable trust isn’t effective unless you fund it by transferring ownership of assets to the trust. Transferring a vehicle

If your son or daughter currently is home from college on winter break, now is a good time to sit

Portability allows a surviving spouse to apply a deceased spouse’s unused estate tax exemption amount toward his or her own

If you or one of your adult children is getting married, you may be concerned about protecting your family’s assets

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

As the holidays approach and the year draws to a close, many taxpayers make charitable gifts — both in the

Prepaying property taxes related to the current year but due the following year has long been one of the most