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

Employers with 20 or more employees are generally required to offer continuing health care coverage to departing staff members. This

Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and

Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic,

Once your 2018 tax return has been successfully filed with the IRS, you may still have some questions. Here are

The staggering cost of college makes it critical for families to plan carefully for this major expense, and in many

In good times, organizations often need to change to seize opportunities and keep up with demand. In bad times, they

As companies increase their investments in social media marketing, many are seeking ways to make it simpler and more cost-effective.

News of commercial database hackings may seem commonplace in 2019. But while many of these stories focus on hacked bank

Congress has yet to tackle several outstanding uncertainties frustrating both businesses and individual taxpayers. The Tax Cuts and Jobs Act

Protecting assets from creditors is a critical aspect of estate planning, but you need to think about more than just

Many organizations are adopting qualified transportation plans. Under these arrangements, employers contribute dollars toward mass transit expenses and allow employees

It’s every business owner’s nightmare. Should hackers gain access to your customers’ or employees’ sensitive data, the very reputation of

Time to get empowered. The IRS is reminding businesses that a number of special tax benefits are still available in

When a married couple lives in a community property state, the money earned and property acquired by either spouse during

Audit season is just around the corner for calendar-year companies. With external audits, preparation can help facilitate field work, lower

IRA distributions were taxable. A man took nearly $45,000 in withdrawals from his wife’s IRA during their divorce “out of

Court finds properties weren’t worthless or abandoned. The sole shareholder of an S corporation claimed net operating loss (NOL) carrybacks

Bill would allow vets to contribute to Health Savings Accounts (HSAs). The U.S. House is considering the “Veterans TRICARE Choice

Payroll tax penalty imposed. A person responsible for collecting and paying payroll tax can be held personally liable for willfully

In order to take advantage of two important depreciation tax breaks for business assets, you must place the assets in

Donations to qualified charities are generally fully deductible, and they may be the easiest deductible expense to time to your

When planning their estates, many people agonize over the negative impact their wealth might have on their children. To address

Taxpayers may challenge IRS expert’s valuation in gift tax case. The U.S. Court of Appeals for the First Circuit has

Tax deferral denied despite lack of prearranged plan for related-party transaction. Sec. 1031 allows capital gains to be deferred when