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

If a prime objective of your estate plan is to leave a lasting legacy, a dynasty trust may be the

Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises.

The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average

If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and

There are many ways for employers to conduct annual performance reviews. So many, in fact, that owners of small to

Planning your estate around specific assets is risky and, in most cases, should be avoided. If you leave specific assets

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year.

Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum

Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over

While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing