GPKLEG Blog

Year-round tax planning generally produces the best results, but there are some steps you can still take in December to

Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced. If you’re at

A qualified terminable interest property (QTIP) trust can be a valuable estate planning tool if you have a blended family.

If you have a flexible spending account (FSA) through your employer to help pay for health or dependent care expenses,

Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more

A living trust is one of the most versatile estate planning tools available. It offers a streamlined way to manage

Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will

When creating a will, most people focus on the big-ticket items — including who gets the house, the car and

Saving taxes probably isn’t your primary reason for supporting your favorite charities. But tax deductions can be a valuable added

If you pay more than $10,000 in state and local taxes (SALT), a provision of the One Big Beautiful Bill

Making sure your family will be able to locate your estate planning documents when needed is one of the most

Now is the time of year when taxpayers search for last-minute moves to reduce their federal income tax liability. Adding