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

Tax refund delay to hurt some people. A 2015 law requires the IRS to delay, until at least Feb. 15,

In December, Congress passed the 21st Century Cures Act. The long and complex bill covers a broad range of health

Asset protection trusts — both offshore and domestic — can be effective vehicles for protecting your wealth in today’s litigious

Gathering knowledge about your company’s competitors and industry has never been easier. This practice, known as “competitive intelligence,” can help

Medical expense deductions can be difficult for many taxpayers to claim. That’s because most people can only deduct qualified medical

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2017. Keep

If your elderly parent’s mental state is deteriorating to the point where he or she is unable to manage day-to-day

The IRS is requesting more help with its Form W-2 verification program. The program was implemented during 2016 as a

The U.S. Tax Court held that a tax code rule involving charitable donations doesn’t apply currently because IRS hasn’t yet

Come tax time, owner-employees face a variety of distinctive tax planning challenges, depending on whether their business is structured as

Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits remain unchanged for

Reminder: Jan. 31 is the due date for W-2 and certain 1099-MISC forms. Unlike in prior years, 2016 W-2 forms