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
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020. Keep
COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information
What happens if illness, injury or age-related dementia renders you unable to make decisions or communicate your wishes regarding your
Wouldn’t it be great if your employees worked as if they owned the company? An employee stock ownership plan (ESOP)
Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the Financial Accounting Standards Board (FASB)
The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit
Despite the COVID-19 pandemic, the National Association of Realtors (NAR) reports that existing home sales and prices are up nationwide,
With the federal gift and estate tax exemption now at a record high $11.58 million for 2020, most estates aren’t
As you’re probably aware, President Trump signed an executive memorandum on August 8 creating a payroll tax deferral. The development
Many companies are struggling as a result of shutdowns and restructurings during the COVID-19 crisis. To add insult to injury,
Has your organization laid off employees this year because of the COVID-19 pandemic, but you plan to rehire some of
A federal trial court recently invalidated several provisions of the U.S. Department of Labor’s (DOL’s) temporary regulations implementing the paid
Sometimes estates that are large enough for estate taxes to be a concern are asset rich but cash poor, without
In April 2018, the IRS released temporary guidance on the amended limit on deductions for business interest expense for tax
Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer
The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them
Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your
Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important
If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t
As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable
An IRA is a popular vehicle to save for retirement, and it can also be a powerful estate planning tool.
The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for
If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As
Your estate plan shouldn’t be a static document. It needs to change as your life changes. Year end is the