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

  Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according

  Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every

  The novel coronavirus (COVID-19) pandemic and the resulting economic fallout is dealing a crushing blow to charitable organizations. Indeed,

  By now, most employers have presumably read up on the basic tax relief and financial assistance aspects of the

As businesses across the country grapple with the economic fallout from the novel coronavirus (COVID-19) pandemic, many must decide whether

In the midst of the coronavirus (COVID-19) pandemic, Americans are focusing on their health and financial well-being. To help with

The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to

  The coronavirus (COVID-19) outbreak has changed the way most employers are interacting with their employees. Many organizations have sent

  The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50%

  As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic,

  You may have heard that the federal income tax filing and payment deadline has been extended from April 15,

  The Coronavirus Aid, Relief and Economic Security Act (CARES Act) allocates nearly $350 billion to a new lending program

Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to

Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These

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

A charitable remainder trust (CRT) allows you to support a favorite charity while potentially boosting your cash flow, shrinking the

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

The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as

As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law,

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and

You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep

Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work

The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their