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

The new American Rescue Plan Act provides eligible families with an enhanced child and dependent care credit for 2021. This

President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP) application

President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best

For many people, an important goal of estate planning is to leave a legacy for their children, grandchildren and future

April 15 is not only the deadline for filing your 2020 tax return, it’s also the deadline for the first

The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic,

While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses.

The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended

For many people, the first thing they think of when they hear the words “estate plan” is a will. And

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is

Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals

If you’re approaching retirement, you probably want to ensure the money you’ve saved in retirement plans lasts as long as

The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited

Yes, the April 15 tax deadline is now behind us. But there are also deadlines during the rest of the

Donor-advised funds (DAFs) have become increasingly popular among individuals and families who want to simplify their charitable giving while maximizing

With the April 15 tax filing deadline in the rearview mirror, you’re likely to turn your attention to other things.

When most people think about estate planning, they focus primarily on tangible assets, such as real estate, investments and personal

The deadlines for filing 2025 tax returns (or extensions) are fast approaching. Although most tax planning moves must be completed

Life insurance can provide peace of mind. But if your estate is large enough that estate taxes are a concern,

If you operate your business as a C corporation, how you put money into your company — and how you

Last year’s One Big Beautiful Bill Act (OBBBA) terminated several clean energy tax incentives earlier than previously scheduled. But if

A family limited partnership (FLP) allows you to manage and protect your wealth while gradually transferring it to your children

Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination

A new but temporary special depreciation allowance for qualified production property (QPP) was created by last year’s One Big Beautiful