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
With its winter recess looming before it, Congress has engaged in a flurry of activity. Most notably, it reached agreement
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020. Keep
If you’re adopting a child, or you adopted one this year, there may be significant tax benefits available to offset
Business owners are urged to create succession plans for the good of their families and their employees. But there’s someone
The IRS recently issued guidance on how businesses, self-employed individuals and qualified employees can use the per diem rules to
Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated
With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may think
As we all know, medical services and prescription drugs are expensive. You may be able to deduct some of your
The word “probate” may conjure images of lengthy delays waiting for wealth to be transferred and bitter disputes among family
In certain cases, the IRS is required to use private debt collection agencies (PCAs) to collect the amounts owed. The
At this time of year, many business owners ask if there’s anything they can do to save tax for the
For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that will