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 economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult

  On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and

  A new law signed by President Trump on March 27 provides a variety of tax and financial relief measures

  If you’ve invented something during your lifetime and had it patented, your estate includes intellectual property (IP). The same

  To help mitigate the financial and health crises related to the coronavirus (COVID-19), on Friday, March 27, 2020, President

  The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) represents the third phase of Congress’s legislative efforts to

  Congress passed and the president signed into law the Families First Coronavirus Response Act on March 18. The law

  After extensive negotiations between the U.S. House of Representatives, the U.S. Senate and the White House, an agreement has

  Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus

  Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small

You may have several different types of trusts in your estate plan. In general, to achieve the greatest tax savings,

The IRS and the U.S. Treasury Department have been making a series of announcements to provide tax relief in the

The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been

In a historically tenuous time to retain employees, small employers are particularly at risk. Whereas a large employer might be

The “stretch” IRA generally no longer exists. But if you have a substantial balance in a traditional IRA, a properly

If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re

In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for

Precise language is critical in wills, trusts and other estate planning documents. A lack of clarity may be an invitation

If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there

The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax

One goal of estate planning is to avoid or minimize probate. This is particularly important if you own real estate

If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could

If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the

If you own your own company and travel for business, you may wonder whether you can deduct the costs of