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
Does your college-aged child have a basic estate plan? In more cases than not, the answer is “no.” The good
Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject
Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject
The IRS recently announced that it’ll increase the standard mileage rate for qualified business driving for the second half of
The best laid plans can go awry. After your death, events may transpire that you hadn’t anticipated or couldn’t have
Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on
The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to
For many business owners, estate planning and succession planning go hand in hand. As the owner of a closely held
The downturn in the stock market may have caused the value of your retirement account to decrease. But if you
Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers
Families that have children who are adopted, or stepchildren who haven’t been legally adopted, may face unique estate planning challenges.
Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible