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
If you have minor children, choosing a guardian to care for them should you die unexpectedly is one of the
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May
Now that the federal gift and estate tax exemption has reached an inflation-adjusted $11.7 million for 2021, fewer estates are
Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial
Although much of estate planning deals with what happens after you die, it’s equally important to have a plan for
Even though the federal gift and estate tax exemption is currently very high ($11.7 million for 2021), there are families
President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
One advantage of inheriting an IRA from your spouse is that you’re entitled to transfer the funds to a spousal
If you have a life insurance policy, you may want to ensure that the benefits your family will receive after
Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport
Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his
Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist
When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning
If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.
Typically, an estate plan includes accommodations for your spouse, children, grandchildren and even future generations. But you may overlook some
Whether it’s a smart phone, tablet or laptop, mobile devices have become the constant companions of today’s employees. And this
The IRS has announced its 2021 cost-of-living adjustments to tax amounts that might affect you. Many increased to account for
Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in?
If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares. Surprise sales
You may view your will as the centerpiece of your estate plan. But other documents can complement it. For example,
October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline
Election years often lead to uncertainty for businesses, but 2020 surely takes the cake when it comes to unpredictability. Amid