GPKLEG Blog
News & Helpful Tips
A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not
Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate
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
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
If you run a business “on the side” and derive most of your income from another source (whether from another
Like many businesses, yours may allow retirement plan participants to take out loans from their accounts. Such loans are governed
There are few events that can completely upend a person’s life more than divorce. Of course, there’s the emotional toll
An agreed upon procedures (AUP) engagement uses procedures similar to an audit, but on a smaller and limited scale. Here’s
Company retreats can cost enormous amounts of time and money. Are they worth it? Sometimes. Large-scale get-togethers can involve considerable
Like many business owners, you might also own highly appreciated business or investment real estate. Fortunately, there’s an effective tax
Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions is April 18, 2017.
Although probate can be time consuming and expensive, perhaps its biggest downside is that it’s public — anyone who’s interested
The federal income tax filing deadline for calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or
It’s not uncommon for adult children to help support their aging parents. If you’re in this position, you might qualify
Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your
Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision