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

If you’re divorcing, it’s important to review your estate plan as early as possible, for two reasons: First, you may

We’ve reached the middle of the calendar year. So how are things going for your business? Conversationally you might say,

The U.S. Senate has passed, and President Trump is expected to sign into law, a broad package of reforms aimed

Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax

The record-high exemption amount currently in effect means that fewer families are affected by gift and estate taxes. As a

Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or

Many employers believe they’ve taken adequate steps to prevent employment discrimination. And yet, it happens. The Equal Employment Opportunity Commission

If federal income tax and employment taxes (including Social Security) are withheld from employees’ paychecks and not handed over to

Life insurance has long provided a source of liquidity to pay estate taxes and other expenses. But, with the estate

When you retire, you may consider moving to another state — say, for the weather or to be closer to

When you retire, you may consider moving to another state — say, for the weather or to be closer to

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

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for

There’s no shortage of online do-it-yourself (DIY) tools that promise to help you create an “estate plan.” But while these

The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year,

If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the

Are you planning to move to a different state? It may be due to a change in jobs, a desire

Mitigating the adverse effects of climate change is one of the primary targets of the recently enacted Inflation Reduction Act

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or

Whether the economic climate is stable or volatile, one thing never changes: the need to protect your assets from risk.

Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in