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

Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic. One of the tax breaks that

The economic impact of the novel coronavirus (COVID-19) is unprecedented and many taxpayers with student loans have been hard hit.

For business owners, succession planning is ideally a long-term project. You want to begin laying out a smooth ownership transition,

The novel coronavirus (COVID-19) pandemic has caused some people to contemplate their own mortality or that of a family member.

The U.S. Senate has passed the bipartisan Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck

The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The

  The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection

  Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate

  Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed

  Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external

  The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,

  Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s