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

A revocable trust isn’t effective unless you fund it by transferring ownership of assets to the trust. Transferring a vehicle

If your son or daughter currently is home from college on winter break, now is a good time to sit

Portability allows a surviving spouse to apply a deceased spouse’s unused estate tax exemption amount toward his or her own

If you or one of your adult children is getting married, you may be concerned about protecting your family’s assets

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep

As the holidays approach and the year draws to a close, many taxpayers make charitable gifts — both in the

Prepaying property taxes related to the current year but due the following year has long been one of the most

Sometimes estates that are large enough for estate taxes to be a concern are asset rich but cash poor, without

In April 2018, the IRS released temporary guidance on the amended limit on deductions for business interest expense for tax

Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer

The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them

Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your