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

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

The IRS recently issued its 2026 cost-of-living adjustments for more than 60 tax provisions. The One Big Beautiful Bill Act

If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand

Life insurance is often a cornerstone of estate planning, providing liquidity to cover estate taxes, debts or other obligations. However,

Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to

Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E)

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