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

Tax refund delay to hurt some people. A 2015 law requires the IRS to delay, until at least Feb. 15,

In December, Congress passed the 21st Century Cures Act. The long and complex bill covers a broad range of health

Asset protection trusts — both offshore and domestic — can be effective vehicles for protecting your wealth in today’s litigious

Gathering knowledge about your company’s competitors and industry has never been easier. This practice, known as “competitive intelligence,” can help

Medical expense deductions can be difficult for many taxpayers to claim. That’s because most people can only deduct qualified medical

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2017. Keep

If your elderly parent’s mental state is deteriorating to the point where he or she is unable to manage day-to-day

The IRS is requesting more help with its Form W-2 verification program. The program was implemented during 2016 as a

The U.S. Tax Court held that a tax code rule involving charitable donations doesn’t apply currently because IRS hasn’t yet

Come tax time, owner-employees face a variety of distinctive tax planning challenges, depending on whether their business is structured as

Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits remain unchanged for

Reminder: Jan. 31 is the due date for W-2 and certain 1099-MISC forms. Unlike in prior years, 2016 W-2 forms