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

If you’re concerned about the impact of transfer taxes on your gifts, consider making “net gifts” to your loved ones.

If you’re in business for yourself as a sole proprietor, or you’re planning to start a business, you need to

April 18, 2022, is the deadline for filing your federal income tax return. Keep in mind that the gift tax

Traditional IRAs and Roth IRAs have been around for decades and the rules surrounding them have changed many times. What

If you operate a business, or you’re starting a new one, you know you need to keep records of your

Designing an estate plan can be a delicate balancing act. On the one hand, you want to preserve as much

Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022.

A primary purpose of estate planning is to ensure that your wealth is distributed according to your wishes after you

The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021

It’s difficult for many people to think about their mortality, so it’s not surprising to learn that many put off

Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax