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

Fall is in the air and that means it’s time to turn your attention to year-end tax planning. While several

There are good reasons why estate planning advisors recommend you revisit and, if necessary, revise your estate plan periodically: changing

Despite what you might think, estate planning isn’t limited to only the rich and famous. In fact, your family is

Let’s say you’re charitably inclined but have concerns about maintaining a sufficient amount of income to meet your current needs.

The U.S. Department of Labor (DOL) has released the finalized rule on overtime exemptions for white-collar workers under the Fair

The Tax Cuts and Jobs Act (TCJA) created a new general business tax credit for certain businesses that grant their

As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as

Traditional and Roth IRAs can be powerful estate planning tools. With a “self-directed” IRA, you may be able to amp

Earlier this year, the IRS published a proposed safe harbor giving owners of certain rental real estate interests the opportunity

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved

Fewer people currently are subject to transfer taxes than ever before. But gift, estate and generation-skipping transfer (GST) taxes continue

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.

If you’re considering opening an investment account for your minor child or grandchild to help him or her save for

At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents

If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to

Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title

Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership

A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One

For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and

By purchasing stock in certain small businesses, you can diversify your investment portfolio. You also may enjoy preferential tax treatment,

One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type.