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

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 save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed

If you reside in a high-tax state, you may want to consider using nongrantor trusts to soften the blow of

As you’ve probably heard, a new law was recently passed with a wide range of retirement plan changes for employers

If, like many people, your traditional IRA holds a mixture of deductible (after-tax) and nondeductible (pretax) contributions, it’s important to

At the beginning of the year, many people make resolutions about improving their physical fitness. Employers may seek to lend

Some benefit plans are required to include an opinion from an independent qualified public accountant (IQPA) when filing Form 5500

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag

Technology has made it easier to work from home so lots of people now commute each morning to an office

The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax

In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding

The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019

The IRS has issued final regulations that should provide comfort to taxpayers interested in making large gifts under the current