GPKLEG Blog
News & Helpful Tips
If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking
Estate planning can be overwhelming. One reason is that it has a language all its own. While you may be
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
For 2020, the lifetime gift and estate tax exemption has reached a whopping $11.58 million ($23.16 million for married couples).
To guard against natural disasters and other calamities, many companies buy business interruption insurance. These policies provide cash flow to
Finding the right person to head up your company’s finance and accounting department can be challenging in today’s tight labor
Right now, you may be more concerned about your 2019 tax bill than you are about your 2020 tax situation.
The word “concentration” is usually associated with a strong ability to pay attention. Business owners are urged to concentrate when
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
To help make sure you don’t miss any important 2025 deadlines, we’re providing this summary of when various tax-related forms,
Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your
A revocable trust — sometimes known as a “living trust” — can provide significant benefits. They include the ability to
Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage
According to the Pew Research Center, nearly a quarter (23%) of U.S. children under the age of 18 live