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
With its winter recess looming before it, Congress has engaged in a flurry of activity. Most notably, it reached agreement
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020. Keep
If you’re adopting a child, or you adopted one this year, there may be significant tax benefits available to offset
Business owners are urged to create succession plans for the good of their families and their employees. But there’s someone
The IRS recently issued guidance on how businesses, self-employed individuals and qualified employees can use the per diem rules to
Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated
With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may think
As we all know, medical services and prescription drugs are expensive. You may be able to deduct some of your
The word “probate” may conjure images of lengthy delays waiting for wealth to be transferred and bitter disputes among family
In certain cases, the IRS is required to use private debt collection agencies (PCAs) to collect the amounts owed. The
At this time of year, many business owners ask if there’s anything they can do to save tax for the
For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that will
The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in a previous
The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right
If you have outstanding loans to your children, grandchildren or other family members, consider forgiving those loans to take
The Small Business Administration (SBA) has extended the repayment deadline for Payroll Protection Program (PPP) borrowers that wish to
As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low.
The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market
In response to the novel coronavirus (COVID-19) outbreak, many employers have closed all or parts of their operations —
The novel coronavirus (COVID-19) pandemic has adversely affected the global economy. Companies of all sizes in all industries are
The IRS recently issued Notice 2020-23, expanding on previously issued guidance extending certain tax filing and payment deadlines in
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related
The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules for
Congress and the Trump administration have struck a deal on another piece of legislation, the latest in a series