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 have minor children, arguably the most important estate planning decision you need to make is choosing a guardian
A job description may seem like just so many words on a page or website. But those words have power.
The IRS has issued new guidance updating the rules for using optional standard mileage rates when calculating “above-the-line” deductions for
The right entity choice can make a difference in the tax bill you owe for your business. Although S corporations
You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a
The Tax Cuts and Jobs Act (TCJA) made only one change to the federal gift and estate tax regime, but
Year end can be a stressful time for those in ownership and management positions. Along with having to tackle myriad
By temporarily doubling the gift and estate tax exemption, the Tax Cuts and Jobs Act (TCJA) opened a window of
The IRS recently issued its 2020 cost-of-living adjustments. With inflation remaining largely in check, many amounts increased slightly, and some
Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older,
The first tax-filing season under the Tax Cuts and Jobs Act (TCJA) was a time of uncertainty for many businesses
The Tax Cuts and Jobs Act (TCJA) reduced individual income tax rates, but it left the 3.8% net investment income
As the old saying goes, “Knowledge is power.” This certainly rings true in business, as those who best understand their
Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies
Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you
An unexpected outcome of the recent death of designer Karl Lagerfeld is that the topic of estate planning for pets
For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees
Today’s business technology is both powerful and restive. No matter how “feature rich” a software solution or hardware asset may
If you run your business from your home or perform certain functions at home that are related to your business,
While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits
It’s probably safe to say that most employers have created some form of an employee handbook. But just because your
Donating to charity is a key estate planning strategy for many people. It reduces the size of your taxable estate
Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services
When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —