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

If you’re going through a divorce, you probably feel a little overwhelmed by all the legal and financial items you

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an

In response to the COVID-19 crisis, the IRS recently issued Notice 2020-52. It offers sponsors of safe harbor 401(k) plans

On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social

If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed.

You may use a qualified disclaimer to refuse a bequest from a loved one. Doing so will cause an asset

While you probably don’t have any problems paying your tax bills, you may wonder: What happens in the event you

Did you recently file your federal tax return and were surprised to find you owed money? You might want to

If you own or manage a business with employees, you may be at risk for a severe tax penalty. It’s

You’ve probably seen it in the movies or on TV: A close-knit family gathers to find out what’s contained in

During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods

Does your college-aged child have a basic estate plan? In more cases than not, the answer is “no.” The good

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject

The IRS recently announced that it’ll increase the standard mileage rate for qualified business driving for the second half of

The best laid plans can go awry. After your death, events may transpire that you hadn’t anticipated or couldn’t have

Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to

For many business owners, estate planning and succession planning go hand in hand. As the owner of a closely held

The downturn in the stock market may have caused the value of your retirement account to decrease. But if you

Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers

Families that have children who are adopted, or stepchildren who haven’t been legally adopted, may face unique estate planning challenges.

Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible