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

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

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

Executives and other key employees are often compensated with more than just salary, fringe benefits and bonuses: They may also

As the school year draws to a close and the days lengthen, you may be one of the many homeowners

Many businesses host a picnic for employees in the summer. It’s a fun activity for your staff and you may

With health care costs continuing to climb, tax-friendly ways to pay for these expenses are more attractive than ever. Health

Are you thinking about turning a business trip into a family vacation this summer? This can be a great way

Stock market volatility can cut tax on a Roth IRA conversion This year’s stock market volatility can be unnerving, but

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the

Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for

By investing in qualified small business (QSB) stock, you can diversify your portfolio and enjoy two valuable tax benefits: 1.

It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected

Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought