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
It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by
When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child
With the filing date for 2017 in the rearview mirror for most businesses and individuals, the last thing they probably
Employees don’t always fill out their W-4 forms accurately. For example, some may wrongly write “exempt” on the withholding portion
At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a
In many parts of the country, summer is peak season for selling a home. If you’re planning to put your
In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it
One common configuration of employee benefits today is a cafeteria plan with options for pretax contributions that include a health
“That’s just the cost of doing business.” You’ve probably heard this expression many times. It’s true that, to invoke another
If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of
The bookkeeper is one of any company’s most trusted employees. Unfortunately, that trust isn’t always deserved. Bookkeepers — particularly those
The summer months are almost here and, with them, the prospect of many employers offering unpaid internships to high school