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

In late 2019, the first substantial legislation related to retirement savings since 2006 became law. The Setting Every Community Up

Do you conduct your business as a sole proprietorship or as a wholly owned limited liability company (LLC)? If so,

If you’re a parent, or if you’re planning on having children, you know that it’s expensive to pay for their

Whether you’re moving to another country for work-related reasons, retirement or simply want an opportunity to experience a new culture,

Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a

Many people who launch small businesses start out as sole proprietors. Here are nine tax rules and considerations involved in

Married couples often wonder whether they should file joint or separate tax returns. The answer depends on your individual tax

A financial power of attorney can be a valuable planning tool. The most common type is the durable power of

Many of today’s businesses employ workers from across the generational spectrum. Employees may range from Baby Boomers to members of

Auditors use various procedures to verify the amounts reported on your financial statements. In addition to reviewing original source documents

Are you an employer who owns a business where tipping is customary for providing food and beverages? You may qualify

If you’re getting ready to file your 2019 tax return, and your tax bill is higher than you’d like, there

A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but

An inheritor’s trust is a specialized estate planning tool designed to protect and manage assets you pass to a beneficiary.

Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include

Chances are, you’re more concerned about your 2024 tax return right now than you are about your 2025 tax situation.

Your estate plan is the perfect place to make charitable gifts if you’re a charitably inclined individual. One vehicle to

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a

President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including

Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your

The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage

Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if

Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) —

It’s not uncommon for people who live in states with high income taxes to relocate to states with more favorable