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

The IRS has released final regulations and another round of proposed regs for the first-year 100% bonus depreciation deduction. The

Traditionally, trusts used in estate planning contain “Crummey” withdrawal powers to ensure that contributions qualify for the annual gift tax

Hidden assets can be an issue in a variety of contexts — from divorce to bankruptcy to fraud. An acrimonious

Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is

In addition to the difficult personal issues that divorce entails, several tax concerns need to be addressed to ensure that

A primary estate planning goal for most people is to hold on to as much of their wealth as possible

If philanthropy is an important part of your estate planning legacy, consider taking steps to ensure that your donations are

Everyone needs to plan for retirement. But as a business owner, you face a distinctive challenge in that you must

If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must

One of the primary goals of estate planning is to put in writing how you want your wealth distributed to

  Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according

  Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every

  The novel coronavirus (COVID-19) pandemic and the resulting economic fallout is dealing a crushing blow to charitable organizations. Indeed,

  By now, most employers have presumably read up on the basic tax relief and financial assistance aspects of the

As businesses across the country grapple with the economic fallout from the novel coronavirus (COVID-19) pandemic, many must decide whether

In the midst of the coronavirus (COVID-19) pandemic, Americans are focusing on their health and financial well-being. To help with

The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to

  The coronavirus (COVID-19) outbreak has changed the way most employers are interacting with their employees. Many organizations have sent

  The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50%

  As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic,

  You may have heard that the federal income tax filing and payment deadline has been extended from April 15,

  The Coronavirus Aid, Relief and Economic Security Act (CARES Act) allocates nearly $350 billion to a new lending program