CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

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

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.

Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations.

To gift or not to gift? It’s a deceptively complex question. The temporary doubling of the federal gift and estate

If you have a traditional IRA or tax-deferred retirement plan account, you probably know that you must take required minimum

Your estate plan may include several different trusts. The reason is that various types of trusts can accomplish a myriad

The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks.

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep

Have you made any New Year’s resolutions for 2021? Resolutions usually take the form of personal goals like eating healthier

On December 27, President Trump signed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as

Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes

Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still

As President-elect Joe Biden moves forward with the transition and prepares for the inauguration next month, you may be wondering