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

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

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