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

You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to

When it comes to estate planning, trusts are appealing for many reasons. They can enable you to hold and transfer

Many businesses struggle to turn abstract strategic-planning ideas into concrete, actionable plans. One reason why is simple: ineffective meetings. The

There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall

You may have heard about a proposal in Washington to cut the taxes paid on investments by indexing capital gains

If you own an interest in a closely held business, it’s critical to have a well-designed, properly funded buy-sell agreement.

Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on

If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition —

If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions

Roth IRAs offer significant estate planning and financial benefits. If you have a substantial balance in a traditional IRA and

Many employers operate in locations where employees can bike to work. If you have employees who do so, you might

Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on

The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The

  The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection

  Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate

  Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed

  Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external

  The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,

  Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s

  There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now

  In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to

  Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you

  The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition

  The IRS has issued new guidance addressing a question that has lingered since the launch of the Paycheck Protection