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 employers offer coverage to employees’ domestic partners under their health care plans. If your organization does so, you need

For several years now, cloud computing has been touted as the perfect way for companies large and small to meet

A tried-and-true year end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies,

The Tax Cuts and Jobs Act (TCJA) created more than 100 new tax provisions — a staggering thought as you

If your estate includes forms of intellectual property (IP), such as patents and copyrights, it’s important to know how to

For certain employers, particularly small businesses, introducing a retirement plan for employees may seem like a daunting task. The company

If you’re the owner of a small business, you may think of your tight-knit group of employees as a family.

The Tax Cuts and Jobs Act (TCJA) includes a provision that Secretary of the Treasury Steven Mnuchin said should lead

Some of your medical expenses may be tax deductible, but only if you itemize deductions and have enough expenses to

Every year, when baseball season finally ends, a most valuable player (MVP) is named in each league. Not everyone agrees

Online shopping enables consumers to buy almost anything from the convenience of their own homes. But comfortable surroundings can lull

As we approach the end of the year, it’s a good idea to review your business’s expenses for deductibility. At