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
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,
If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and
You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep
Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work
The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.
If you’re considering opening an investment account for your minor child or grandchild to help him or her save for
At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents
If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to
Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title
Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One
For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and
By purchasing stock in certain small businesses, you can diversify your investment portfolio. You also may enjoy preferential tax treatment,
One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type.