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
Inventory is a prime target for fraud schemes, second only to cash. Retailers, manufacturers and contractors are at risk for
Extra time to supply Affordable Care Act (ACA) statements. The IRS has extended the ACA information reporting due date to
Is your inventory being stolen by dishonest employees or customers? Inventory is a prime target for fraud schemes, second only
Educational institutions get extended penalty relief for tuition reporting change. The IRS has announced that it is extending previously granted
Bipartisan bill introduced in Senate to strengthen retirement savings. On Nov. 17, Senate Finance Committee Chair Orrin Hatch (R-UT) and
“Mailbox rule” reigns supreme. A federal district court dismissed a suit by married taxpayers who claimed they’d filed a timely,
Typically, much of the estate planning process focuses on money. But the most successful estate plans are founded on relationships.
Life insurance can be a powerful financial and estate planning tool, but its benefits may be reduced or even eliminated
The election of Donald Trump as President of the United States could result in major tax law changes in 2017.
Special tax benefits for military members. The IRS reminds service members that they may qualify for special tax benefits. These
What’s your status? An accurate tax return depends partly on using the right filing status. When one taxpayer’s living situation
Saving for retirement can be tough if you’re putting most of your money and time into operating a small