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

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

Have you made substantial gifts of wealth to family members? Or are you the executor of the estate of a

It’s not uncommon for employers in some industries and localities to occasionally rehire a previously terminated employee. Should such a

The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been

The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until

The right estate planning strategy for you likely is the one that will produce the greatest tax savings for your

In the simplest of worlds, an employee effectively performs a set of tasks on an agreed-upon schedule and you pay

Ask many entrepreneurs and small business owners to show you their financial statements and they’ll likely open a laptop and

To help you make sure you don’t miss any important 2019 deadlines, we’ve provided this summary of when various tax-related

Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the

Employee stock ownership plans (ESOPs) offer closely held business owners an exit strategy and a tax-efficient technique for sharing equity

A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019. Here’s