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

A living trust is one of the most versatile estate planning tools available. It offers a streamlined way to manage

Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will

When creating a will, most people focus on the big-ticket items — including who gets the house, the car and

Saving taxes probably isn’t your primary reason for supporting your favorite charities. But tax deductions can be a valuable added

If you pay more than $10,000 in state and local taxes (SALT), a provision of the One Big Beautiful Bill

Making sure your family will be able to locate your estate planning documents when needed is one of the most

Now is the time of year when taxpayers search for last-minute moves to reduce their federal income tax liability. Adding

The IRS recently issued its 2026 cost-of-living adjustments for more than 60 tax provisions. The One Big Beautiful Bill Act

If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand

Life insurance is often a cornerstone of estate planning, providing liquidity to cover estate taxes, debts or other obligations. However,

Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to

Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E)