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
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
Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for
A charitable remainder trust (CRT) allows you to support a favorite charity while potentially boosting your cash flow, shrinking the
An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves
The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as
As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law,
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
The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The
The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection
Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate
Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed
Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external
The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,
Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s