CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a

Now that most schools are out for the summer, you might be sending your children to day camp. It’s often

A common estate planning mistake that people make is to own property jointly with an adult child or other family

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep

To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts

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

Longer life expectancies and rising health care costs make saving for retirement more important than ever before. A Health Savings

The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns. But you

Several arms of the federal government have taken, or are weighing, significant steps to help the country deal with the

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

The IRS has released proposed regulations addressing the deductibility of meal and entertainment expenses in tax years beginning after December

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