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

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.

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit

If you’re putting aside money for college or other educational expenses, consider a tax-advantaged 529 savings plan. Also known as

Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation

If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a

Federal estate tax liability is no longer an issue for many families, now that the gift and estate tax exemption

Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused

In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA).

Years ago, Congress enacted the “kiddie tax” rules to prevent parents and grandparents in high tax brackets from shifting income

You probably don’t have to be told about the need for a will. But do you know what provisions should

The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to

When drafting your estate plan, you and your attorney must account for what happens to your children and your assets

Working from home has its perks. Not only can you skip the commute, but you also might be eligible to