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 use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit

If you’re putting aside money for college or other educational expenses, consider a tax-advantaged 529 savings plan. Also known as

Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation

If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a

Federal estate tax liability is no longer an issue for many families, now that the gift and estate tax exemption

Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused

In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA).

Years ago, Congress enacted the “kiddie tax” rules to prevent parents and grandparents in high tax brackets from shifting income

You probably don’t have to be told about the need for a will. But do you know what provisions should

The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to

When drafting your estate plan, you and your attorney must account for what happens to your children and your assets

Working from home has its perks. Not only can you skip the commute, but you also might be eligible to

If you’re getting close to retirement age, you may be wondering if your Social Security benefits are going to be

Nonqualified deferred compensation (NQDC) plans pay executives or other key employees at some time in the future for services to

During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax.

Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your

When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s

Imagine giving your company’s retirement plan a report card. Would it earn straight A’s in preparing your participants for their

By now, most employers have read up on, hired and gotten to know Millennials. Well, guess what? A whole new

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a

Now that most schools are out for the summer, you might be sending your children to day camp. It’s often

A common estate planning mistake that people make is to own property jointly with an adult child or other family

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep

To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts