GPKLEG Blog
News & Helpful Tips
A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not
Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate
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
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
Year-round tax planning generally produces the best results, but there are some steps you can still take in December to
Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced. If you’re at
A qualified terminable interest property (QTIP) trust can be a valuable estate planning tool if you have a blended family.
If you have a flexible spending account (FSA) through your employer to help pay for health or dependent care expenses,
Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more
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