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
As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses.
S corporations must comply with several strict requirements or risk losing their tax-advantaged status. Among other things, they can have
S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that
The IRS, U.S. Department of Labor and Department of Health and Human Services recently issued interim final regulations addressing group
From natural disasters and government shutdowns to cyberattacks and fraud, risks abound in today’s volatile, uncertain marketplace. While some level
Small business owners are well aware of the increasing cost of employee health care benefits. As a result, your business
Now that Joe Biden has been projected as the winner of the presidential election by major news outlets,* you may
The executor’s role is critical to the administration of your estate and the achievement of your estate planning objectives. So
Although planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA and
Owners of closely held corporations are often interested in easily withdrawing money from their businesses at the lowest possible tax
If you recently launched a business, you may want to set up a tax-favored retirement plan for yourself and your
Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case
If you have minor children, choosing a guardian to care for them should you die unexpectedly is one of the
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May
Now that the federal gift and estate tax exemption has reached an inflation-adjusted $11.7 million for 2021, fewer estates are
Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial
Although much of estate planning deals with what happens after you die, it’s equally important to have a plan for
Even though the federal gift and estate tax exemption is currently very high ($11.7 million for 2021), there are families
President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy
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