CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

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

Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his

Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist

When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning

If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.

Typically, an estate plan includes accommodations for your spouse, children, grandchildren and even future generations. But you may overlook some

Whether it’s a smart phone, tablet or laptop, mobile devices have become the constant companions of today’s employees. And this

The IRS has announced its 2021 cost-of-living adjustments to tax amounts that might affect you. Many increased to account for

Mitigating the adverse effects of climate change is one of the primary targets of the recently enacted Inflation Reduction Act

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or

Whether the economic climate is stable or volatile, one thing never changes: the need to protect your assets from risk.

Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in

The term “probate” is one you’ve probably heard and might associate with negative connotations. But you may not fully understand

As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to

Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep

If you’re charitably inclined, it may be desirable to donate assets held in a trust. Why? Perhaps you’re not ready

Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your

If you have a family member who’s disabled, financial and estate planning can be tricky. You don’t want to jeopardize