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

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

The year 2020 has taught businesses many lessons. The sudden onset of the COVID-19 pandemic followed by drastic changes to

As we approach the end of the year, it’s a good time to think about whether your business needs to

Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so,

According to literature, the “seven deadly sins” are lust, gluttony, greed, laziness, wrath, envy and pride. Although individuals may be

By now, some businesses have completed their 2021 budgets while others are still crunching numbers and scrutinizing line items. As

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a

President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including

Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your

The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage

Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if

Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) —

It’s not uncommon for people who live in states with high income taxes to relocate to states with more favorable

To help make sure you don’t miss any important 2025 deadlines, we’re providing this summary of when various tax-related forms,

Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your

A revocable trust — sometimes known as a “living trust” — can provide significant benefits. They include the ability to

Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage

  According to the Pew Research Center, nearly a quarter (23%) of U.S. children under the age of 18 live