GPKLEG Blog

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

A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful

Choosing an executor is one of the most important decisions in the estate planning process. This person (or institution) will

If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you

An important decision to make when filing your individual income tax return is whether to claim the standard deduction or

Many people think of estate planning as a “one-and-done” task — something you complete and file away. But an estate

If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one

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