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

As the old saying goes, “Knowledge is power.” This certainly rings true in business, as those who best understand their

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies

Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you

An unexpected outcome of the recent death of designer Karl Lagerfeld is that the topic of estate planning for pets

For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees

Today’s business technology is both powerful and restive. No matter how “feature rich” a software solution or hardware asset may

If you run your business from your home or perform certain functions at home that are related to your business,

While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits

It’s probably safe to say that most employers have created some form of an employee handbook. But just because your

Donating to charity is a key estate planning strategy for many people. It reduces the size of your taxable estate

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —