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

Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations.

To gift or not to gift? It’s a deceptively complex question. The temporary doubling of the federal gift and estate

If you have a traditional IRA or tax-deferred retirement plan account, you probably know that you must take required minimum

Your estate plan may include several different trusts. The reason is that various types of trusts can accomplish a myriad

The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks.

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep

Have you made any New Year’s resolutions for 2021? Resolutions usually take the form of personal goals like eating healthier

On December 27, President Trump signed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as

Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes

Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still

As President-elect Joe Biden moves forward with the transition and prepares for the inauguration next month, you may be wondering