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 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 —

  The novel coronavirus (COVID-19) pandemic has adversely affected the global economy. Companies of all sizes in all industries are

  The IRS recently issued Notice 2020-23, expanding on previously issued guidance extending certain tax filing and payment deadlines in

  The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related

  The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules for

  Congress and the Trump administration have struck a deal on another piece of legislation, the latest in a series

Nearly everyone owns at least some digital assets, such as online bank and brokerage accounts, bill-paying services, cloud-based document storage,

If you have adopted children or unadopted stepchildren, estate planning is critical to ensure that your property is distributed the

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for

A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with

You may think of trusts as estate planning tools — vehicles for reducing taxes after your death. While trusts can

The extended federal income tax deadline is approaching. The IRS postponed until July 15 many payment and filing deadlines. The

The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according

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,