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

As the old saying goes, “Knowledge is power.” This certainly rings true in business, as those who best understand their

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies

Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you

An unexpected outcome of the recent death of designer Karl Lagerfeld is that the topic of estate planning for pets

For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees

Today’s business technology is both powerful and restive. No matter how “feature rich” a software solution or hardware asset may

If you run your business from your home or perform certain functions at home that are related to your business,

While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits

It’s probably safe to say that most employers have created some form of an employee handbook. But just because your

Donating to charity is a key estate planning strategy for many people. It reduces the size of your taxable estate

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —