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

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 Department of Labor (DOL) announced in very late January the 2019 annual adjustments to the civil monetary penalties for

Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or

It’s not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax

People who live in states with high income taxes sometimes relocate to a state with a more favorable tax climate.

It’s in every employer’s best interest to keep an open mind about where the right talent for an open position

Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his

Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist

When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning

If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.

Typically, an estate plan includes accommodations for your spouse, children, grandchildren and even future generations. But you may overlook some

Whether it’s a smart phone, tablet or laptop, mobile devices have become the constant companions of today’s employees. And this

The IRS has announced its 2021 cost-of-living adjustments to tax amounts that might affect you. Many increased to account for

Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in?

If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares. Surprise sales

You may view your will as the centerpiece of your estate plan. But other documents can complement it. For example,

October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline

Election years often lead to uncertainty for businesses, but 2020 surely takes the cake when it comes to unpredictability. Amid