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 your estate plan includes a revocable trust — also known as a “living” trust — it’s critical to ensure
A strong economy leads some company owners to cut back on marketing. Why spend the money if business is so
Because they foster a collegial, trusting environment, law firms can be more vulnerable to fraud than many other types of
As an individual, you’ve no doubt been urged to regularly check your credit score. Most people nowadays know that,
If you’re the parent of a child who is age 17 to 23, and you pay all (or most) of
For years, life insurance has played a critical role in estate planning, providing a source of liquidity to pay estate
Every employer needs to keep records on pay, hours, workplace injuries and the like. And, of course, the fun doesn’t
The Trump administration has released its long-awaited proposed rule to update the overtime exemptions for so-called white-collar workers under the
In the broadest sense, strategic planning comprises two primary tasks: establishing goals and achieving them. Many business owners would probably
The Tax Cuts and Jobs Act created a new federal tax credit for employers that provide qualified paid family and
Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine
No matter how much effort you’ve invested in designing your estate plan, your will, trusts and other official documents may
The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended
For many people, the first thing they think of when they hear the words “estate plan” is a will. And
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is
Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals
If you’re approaching retirement, you probably want to ensure the money you’ve saved in retirement plans lasts as long as
Congress has passed the latest legislation aimed at providing economic and other relief from the COVID-19 pandemic that has haunted
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased
The Biden administration has announced several reforms to the popular Paycheck Protection Program (PPP) to bring greater relief to the
Life insurance has long provided a source of liquidity to pay estate taxes and other expenses. Even though for many
If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations.
A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some
As a formal estate planning term, “tangible personal property” likely won’t elicit much emotion from you or your loved ones.