CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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

If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed

If you reside in a high-tax state, you may want to consider using nongrantor trusts to soften the blow of

As you’ve probably heard, a new law was recently passed with a wide range of retirement plan changes for employers

If, like many people, your traditional IRA holds a mixture of deductible (after-tax) and nondeductible (pretax) contributions, it’s important to

At the beginning of the year, many people make resolutions about improving their physical fitness. Employers may seek to lend

Some benefit plans are required to include an opinion from an independent qualified public accountant (IQPA) when filing Form 5500

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag

Technology has made it easier to work from home so lots of people now commute each morning to an office

The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax

In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding

The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019

The IRS has issued final regulations that should provide comfort to taxpayers interested in making large gifts under the current

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