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

In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it

The Coronavirus Aid, Relief and Economic Security (CARES) Act made changes to excess business losses. This includes some changes that

Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years

If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? And if

Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule.

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

News of commercial database hackings may seem commonplace in 2019. But while many of these stories focus on hacked bank

Congress has yet to tackle several outstanding uncertainties frustrating both businesses and individual taxpayers. The Tax Cuts and Jobs Act

Protecting assets from creditors is a critical aspect of estate planning, but you need to think about more than just

Many organizations are adopting qualified transportation plans. Under these arrangements, employers contribute dollars toward mass transit expenses and allow employees

It’s every business owner’s nightmare. Should hackers gain access to your customers’ or employees’ sensitive data, the very reputation of

It should come as no surprise that cash is the most popular target of fraud perpetrators. After all, once stolen,

Charitable giving is a key part of estate planning for many people. If you have a collection of valuable art

It’s no surprise that 360-degree performance evaluations have grown in popularity. We live and work in an age of data

The Employee Retirement Income Security Act (ERISA) covers both defined-benefit and defined-contribution retirement plans. If your organization offers its employees

Absenteeism has typically been a thorn in the side of many companies. But there’s a flip side to employees failing

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of

If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from