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
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
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,
Technology has made it easier to work from home so lots of people now commute each morning to an office
The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax
In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding
The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019
The IRS has issued final regulations that should provide comfort to taxpayers interested in making large gifts under the current
With its winter recess looming before it, Congress has engaged in a flurry of activity. Most notably, it reached agreement
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020. Keep
If you’re adopting a child, or you adopted one this year, there may be significant tax benefits available to offset
Business owners are urged to create succession plans for the good of their families and their employees. But there’s someone
The IRS recently issued guidance on how businesses, self-employed individuals and qualified employees can use the per diem rules to
Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated
With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may think