CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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

If you’re going through a divorce, you probably feel a little overwhelmed by all the legal and financial items you

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an

In response to the COVID-19 crisis, the IRS recently issued Notice 2020-52. It offers sponsors of safe harbor 401(k) plans

On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social

If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed.

You may use a qualified disclaimer to refuse a bequest from a loved one. Doing so will cause an asset

While you probably don’t have any problems paying your tax bills, you may wonder: What happens in the event you

Did you recently file your federal tax return and were surprised to find you owed money? You might want to

If you own or manage a business with employees, you may be at risk for a severe tax penalty. It’s

You’ve probably seen it in the movies or on TV: A close-knit family gathers to find out what’s contained in

During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods