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
As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to
Like so many things this year, the recommended practices for your annual end-of-the-year tax planning reflect the COVID-19 pandemic and
Do you buy or lease computer software to use in your business? Do you develop computer software for use in
The business use of websites is widespread. But surprisingly, the IRS hasn’t yet issued formal guidance on when Internet website
In some cases, investors have significant related expenses, such as the cost of subscriptions to financial periodicals and clerical expenses.
Generally, the proceeds of your life insurance policy are included in your taxable estate. You can remove them by transferring
With the presidential election only weeks away, many people are beginning to pay closer attention to each candidate’s positions on
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020. Keep
COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information
What happens if illness, injury or age-related dementia renders you unable to make decisions or communicate your wishes regarding your
Wouldn’t it be great if your employees worked as if they owned the company? An employee stock ownership plan (ESOP)
Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the Financial Accounting Standards Board (FASB)