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 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
The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue
Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get
Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your
The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million
High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there
If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax
Traditionally, estate planning has focused on more technical objectives, such as minimizing gift and estate taxes and protecting assets against
Year-round tax planning generally produces the best results, but there are some steps you can still take in December to
Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced. If you’re at
A qualified terminable interest property (QTIP) trust can be a valuable estate planning tool if you have a blended family.
If you have a flexible spending account (FSA) through your employer to help pay for health or dependent care expenses,
Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more
A living trust is one of the most versatile estate planning tools available. It offers a streamlined way to manage
Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will
When creating a will, most people focus on the big-ticket items — including who gets the house, the car and
Saving taxes probably isn’t your primary reason for supporting your favorite charities. But tax deductions can be a valuable added
If you pay more than $10,000 in state and local taxes (SALT), a provision of the One Big Beautiful Bill
Making sure your family will be able to locate your estate planning documents when needed is one of the most
Now is the time of year when taxpayers search for last-minute moves to reduce their federal income tax liability. Adding