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
Planning your estate around specific assets is risky and, in most cases, should be avoided. If you leave specific assets
Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year.
Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may
Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your
Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum
Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over
While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing
When people hear the term “forensic science,” they usually think “CSI.” What comes to mind when you hear the term
The gift and estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act
In the course of operating your business, you probably spend time and money “wining and dining” current or potential customers,
Unforeseen disasters happen all the time and they may cause damage to your home or personal property. Before the Tax
Here’s a fast fact: The percentage of U.S. children who live with an unmarried parent has jumped from 13% in
If you’re in line to inherit property from a parent or other loved one, it’s critical to understand the basis
Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future. Sometimes companies
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a
An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here
Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if
Before you jump headfirst into the year-end financial reporting process, review the role independent audit committees play in providing investors
To help you make sure you don’t miss any important 2020 deadlines, we’ve provided this summary of when various tax-related
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased
Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills.
Virtually everyone needs an estate plan, but it isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, general
The IRS announced it is opening the 2019 individual income tax return filing season on January 27. Even if you
A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small