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

As the old saying goes, “Knowledge is power.” This certainly rings true in business, as those who best understand their

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies

Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you

An unexpected outcome of the recent death of designer Karl Lagerfeld is that the topic of estate planning for pets

For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees

Today’s business technology is both powerful and restive. No matter how “feature rich” a software solution or hardware asset may

If you run your business from your home or perform certain functions at home that are related to your business,

While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits

It’s probably safe to say that most employers have created some form of an employee handbook. But just because your

Donating to charity is a key estate planning strategy for many people. It reduces the size of your taxable estate

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —

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