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
During the holiday season your thoughts likely turn to helping those in need by making charitable donations. Doing so will
Standard mileage rates decrease for 2017. The IRS announced that the optional mileage allowance for owned or leased autos, vans,
Year end is just about here. You know what that means, right? It’s a great time to settle in by
An alternative way to be charitable. Taxpayers who are at least 70½, who have IRAs and who wish to donate
Flexible Spending Accounts (FSAs) save tax. The IRS reminds eligible employees to take advantage of employer health care FSAs in
A tried-and-true estate planning strategy is to make tax-free gifts to loved ones during life, because it reduces potential estate
The 2016 gift tax annual exclusion allows you to give up to $14,000 per recipient tax-free without using up any
If you limit how many vacation days employees can roll over to the new year, you might find your workplace
Get ready to file your tax return in 2017. The IRS announced that the 2017 tax filing season will begin
Be sure to take required minimum distributions (RMDs) by year end, if required. If you’ve reached age 70 1/2, take
There are some last-minute moves that may save you money on your 2016 taxes. 1) If you’re eligible for a
Congress Watch: U.S. House of Representatives prepares to adjourn. On Dec. 8, the House passed H.R. 2028, “Further Continuing and