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

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

Like most businesses, yours probably has a variety of physical assets, such as production equipment, office furnishings and a plethora

Despite the National Do Not Call registry and features such as caller ID, phone fraud is thriving in the mobile

Affluent families who wish to give to charity while minimizing gift and estate taxes should consider a charitable lead trust

The IRS has updated the inflation-adjusted “luxury automobile” limits on certain deductions taxpayers can take for passenger automobiles — including

Summer is just around the corner, so you might be thinking about getting some vacation time. If you’re self-employed or

The IRS just released its audit statistics for the 2018 fiscal year, and fewer taxpayers had their returns examined as

If a prime objective of your estate plan is to leave a lasting legacy, a dynasty trust may be the

Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises.

The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average

If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and

There are many ways for employers to conduct annual performance reviews. So many, in fact, that owners of small to

Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to

Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for

A charitable remainder trust (CRT) allows you to support a favorite charity while potentially boosting your cash flow, shrinking the

An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves

The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as

As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law,

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and

You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep

Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work

The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their