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

During the holiday season your thoughts likely turn to helping those in need by making charitable donations. Doing so will

Standard mileage rates decrease for 2017. The IRS announced that the optional mileage allowance for owned or leased autos, vans,

Year end is just about here. You know what that means, right? It’s a great time to settle in by

An alternative way to be charitable. Taxpayers who are at least 70½, who have IRAs and who wish to donate

Flexible Spending Accounts (FSAs) save tax. The IRS reminds eligible employees to take advantage of employer health care FSAs in

A tried-and-true estate planning strategy is to make tax-free gifts to loved ones during life, because it reduces potential estate

The 2016 gift tax annual exclusion allows you to give up to $14,000 per recipient tax-free without using up any

If you limit how many vacation days employees can roll over to the new year, you might find your workplace

Get ready to file your tax return in 2017. The IRS announced that the 2017 tax filing season will begin

Be sure to take required minimum distributions (RMDs) by year end, if required. If you’ve reached age 70 1/2, take

There are some last-minute moves that may save you money on your 2016 taxes. 1) If you’re eligible for a

Congress Watch: U.S. House of Representatives prepares to adjourn. On Dec. 8, the House passed H.R. 2028, “Further Continuing and