CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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

  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

Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at

President Trump has signed into law the Families First Coronavirus Response Act. Among other things, the new law temporarily requires

U.S. Treasury Department Secretary Steven Mnuchin announced that the 2019 income tax filing deadline will be moved to July 15,

After U.S. Treasury Secretary Steven Mnuchin’s announcement that the deadline for paying federal income taxes would be extended, the IRS

If you’re the owner of an incorporated business, you probably know that there’s a tax advantage to taking money out

The IRS extends the federal income tax payment deadline After U.S. Treasury Secretary Steven Mnuchin’s announcement that the deadline for

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

The executor’s role is critical to the administration of your estate and the achievement of your estate planning objectives. So

Although planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA and

Owners of closely held corporations are often interested in easily withdrawing money from their businesses at the lowest possible tax

If you recently launched a business, you may want to set up a tax-favored retirement plan for yourself and your

Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case

Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his

Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist

When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning

If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.

Typically, an estate plan includes accommodations for your spouse, children, grandchildren and even future generations. But you may overlook some

Whether it’s a smart phone, tablet or laptop, mobile devices have become the constant companions of today’s employees. And this

The IRS has announced its 2021 cost-of-living adjustments to tax amounts that might affect you. Many increased to account for