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

Many estate planning techniques are intended to minimize or even eliminate gift and estate taxes when transferring assets to family

Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual

A common estate planning mistake is to designate a minor as beneficiary — or contingent beneficiary — of a life

If you own a business and have a child in high school or college, hiring him or her for the

Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences

An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves

Most businesses approach technology as an evolving challenge. You don’t want to overspend on bells and whistles you’ll never fully

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by

When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child

With the filing date for 2017 in the rearview mirror for most businesses and individuals, the last thing they probably

Employees don’t always fill out their W-4 forms accurately. For example, some may wrongly write “exempt” on the withholding portion

At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a