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
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.
If you’re considering opening an investment account for your minor child or grandchild to help him or her save for
At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents
If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to
Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title
Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One
For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and
By purchasing stock in certain small businesses, you can diversify your investment portfolio. You also may enjoy preferential tax treatment,
One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type.
If you’re concerned about the impact of transfer taxes on your gifts, consider making “net gifts” to your loved ones.
If you’re in business for yourself as a sole proprietor, or you’re planning to start a business, you need to
April 18, 2022, is the deadline for filing your federal income tax return. Keep in mind that the gift tax
Traditional IRAs and Roth IRAs have been around for decades and the rules surrounding them have changed many times. What
If you operate a business, or you’re starting a new one, you know you need to keep records of your
Designing an estate plan can be a delicate balancing act. On the one hand, you want to preserve as much
Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022.
A primary purpose of estate planning is to ensure that your wealth is distributed according to your wishes after you
The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021
It’s difficult for many people to think about their mortality, so it’s not surprising to learn that many put off
Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax