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

Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and a

Payable-on-death (POD) accounts provide a quick, simple and inexpensive way to transfer assets outside of probate. They can be used

IRS issues guidance on new bonus depreciation rules The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation

If you’re a business owner, be aware that a recent tax law extended a credit for hiring individuals from one

If you’re self-employed and work out of an office in your home, you may be entitled to home office deductions.

If you own a home, the interest you pay on your home mortgage may provide a tax break. However, many

No one said estate planning is easy, and this is especially true if you have a “blended family.” The good

In late 2019, the first substantial legislation related to retirement savings since 2006 became law. The Setting Every Community Up

Do you conduct your business as a sole proprietorship or as a wholly owned limited liability company (LLC)? If so,

If you’re a parent, or if you’re planning on having children, you know that it’s expensive to pay for their

Whether you’re moving to another country for work-related reasons, retirement or simply want an opportunity to experience a new culture,

Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a