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

If you’re divorcing, it’s important to review your estate plan as early as possible, for two reasons: First, you may

We’ve reached the middle of the calendar year. So how are things going for your business? Conversationally you might say,

The U.S. Senate has passed, and President Trump is expected to sign into law, a broad package of reforms aimed

Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax

The record-high exemption amount currently in effect means that fewer families are affected by gift and estate taxes. As a

Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or

Many employers believe they’ve taken adequate steps to prevent employment discrimination. And yet, it happens. The Equal Employment Opportunity Commission

If federal income tax and employment taxes (including Social Security) are withheld from employees’ paychecks and not handed over to

Life insurance has long provided a source of liquidity to pay estate taxes and other expenses. But, with the estate

When you retire, you may consider moving to another state — say, for the weather or to be closer to

When you retire, you may consider moving to another state — say, for the weather or to be closer to