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

Sometimes estates that are large enough for estate taxes to be a concern are asset rich but cash poor, without

In April 2018, the IRS released temporary guidance on the amended limit on deductions for business interest expense for tax

Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer

The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them

Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your

Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important

If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t

As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable

An IRA is a popular vehicle to save for retirement, and it can also be a powerful estate planning tool.

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for

If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As

Your estate plan shouldn’t be a static document. It needs to change as your life changes. Year end is the