CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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,

Executives and other key employees are often compensated with more than just salary, fringe benefits and bonuses: They may also

As the school year draws to a close and the days lengthen, you may be one of the many homeowners

Many businesses host a picnic for employees in the summer. It’s a fun activity for your staff and you may

With health care costs continuing to climb, tax-friendly ways to pay for these expenses are more attractive than ever. Health

Are you thinking about turning a business trip into a family vacation this summer? This can be a great way

Stock market volatility can cut tax on a Roth IRA conversion This year’s stock market volatility can be unnerving, but

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the

Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for

By investing in qualified small business (QSB) stock, you can diversify your portfolio and enjoy two valuable tax benefits: 1.

It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected

Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought