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

Longer life expectancies and rising health care costs make saving for retirement more important than ever before. A Health Savings

The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns. But you

Several arms of the federal government have taken, or are weighing, significant steps to help the country deal with the

If you’re a business owner, be aware that a recent tax law extended a credit for hiring individuals from one

The IRS has released proposed regulations addressing the deductibility of meal and entertainment expenses in tax years beginning after December

Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and a

Payable-on-death (POD) accounts provide a quick, simple and inexpensive way to transfer assets outside of probate. They can be used

IRS issues guidance on new bonus depreciation rules The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation

If you’re a business owner, be aware that a recent tax law extended a credit for hiring individuals from one

If you’re self-employed and work out of an office in your home, you may be entitled to home office deductions.

If you own a home, the interest you pay on your home mortgage may provide a tax break. However, many

No one said estate planning is easy, and this is especially true if you have a “blended family.” The good

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by

When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child

With the filing date for 2017 in the rearview mirror for most businesses and individuals, the last thing they probably

Employees don’t always fill out their W-4 forms accurately. For example, some may wrongly write “exempt” on the withholding portion

At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a

In many parts of the country, summer is peak season for selling a home. If you’re planning to put your

In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it

One common configuration of employee benefits today is a cafeteria plan with options for pretax contributions that include a health

“That’s just the cost of doing business.” You’ve probably heard this expression many times. It’s true that, to invoke another

  If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of

The bookkeeper is one of any company’s most trusted employees. Unfortunately, that trust isn’t always deserved. Bookkeepers — particularly those

The summer months are almost here and, with them, the prospect of many employers offering unpaid internships to high school