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

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain

Are you a multitasker? If so, you may appreciate an estate planning technique that can convert assets into a stream

The COVID-19 crisis is affecting not only the way many businesses operate, but also how they assess productivity. How can

The annual gift tax exclusion allows you to transfer up to $15,000 per beneficiary gift-tax-free for 2020, without tapping your

The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among other things,

If you operate a small business, or you’re starting a new one, you probably know you need to keep records

Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis has resulted in a slowdown

Transferring a family business to the next generation requires a delicate balancing act. Estate and succession planning strategies aren’t always

Some companies are expected to report impairment losses in fiscal year 2020 because of the COVID-19 crisis. Depending on the

You may have good intentions in keeping a trust a secret from its beneficiaries. Perhaps you have concerns that, if

Using a revocable trust — sometimes referred to as a “living trust” — is a common estate planning strategy to

It’s often difficult for married couples to save as much as they need for retirement when one spouse doesn’t work

  There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now

  In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to

  Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you

  The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition

  The IRS has issued new guidance addressing a question that has lingered since the launch of the Paycheck Protection

  The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in a previous

  The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right

  If you have outstanding loans to your children, grandchildren or other family members, consider forgiving those loans to take

  The Small Business Administration (SBA) has extended the repayment deadline for Payroll Protection Program (PPP) borrowers that wish to

  As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low.

  The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market

  In response to the novel coronavirus (COVID-19) outbreak, many employers have closed all or parts of their operations —