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
The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The
The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection
Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate
Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed
Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external
The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,
Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s
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
If you’re a parent or grandparent with college-bound children, you may want to save to fund future education costs. Here
If your small business has a retirement plan, and even if it doesn’t, you may see changes and benefits from
One of your primary estate planning goals may be to pass as much of your wealth to your family as
If you have a child or grandchild in college — congratulations! To help pay for the expenses, many parents and
Family-owned businesses face distinctive challenges when it comes to succession planning. For example, it’s important to address the distinction between
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that kept workers on staff during the
Many people include health care powers of attorney or advance directives in their estate plans so they have some influence
If you own a home and rent it to a relative, you may be surprised to find out there could
On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep
A smart estate plan should leave no doubt as to your intentions. Writing a letter of instruction can go a
As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from