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

If your estate plan includes one or more trusts, review them in light of income taxes. For trusts, the income

Families who wish to give to charity while minimizing gift and estate taxes should consider a charitable lead trust (CLT).

Some people make video recordings of their will signings in an effort to create evidence that they possess the requisite

You’d be hard pressed to find a company not looking to generate more leads, boost sales and improve its profit

It can be difficult in the current job market for students and recent graduates to find summer or full-time jobs.

If you recently filed for your 2016 income tax return (rather than filing for an extension) you may now be

Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate

A potential downside of tax-deferred saving through a traditional retirement plan is that you’ll have to pay taxes when you

For many, an important estate planning goal is to encourage their children or other heirs to lead responsible, productive lives.

If you’re interested in lending money to your children or other family members, consider establishing a “family bank.” These entities

Every company has at least one owner. And, in many cases, there exists leadership down through the organizational chart. But

Many companies take an ad hoc approach to technology. If you’re among them, it’s understandable; you probably had to automate