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

If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition —

If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions

Roth IRAs offer significant estate planning and financial benefits. If you have a substantial balance in a traditional IRA and

Many employers operate in locations where employees can bike to work. If you have employees who do so, you might

Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on

If you’re getting close to retirement age, you may be wondering if your Social Security benefits are going to be

Nonqualified deferred compensation (NQDC) plans pay executives or other key employees at some time in the future for services to

During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax.

Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your

When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s

Imagine giving your company’s retirement plan a report card. Would it earn straight A’s in preparing your participants for their

By now, most employers have read up on, hired and gotten to know Millennials. Well, guess what? A whole new