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 IRS recently issued its 2026 cost-of-living adjustments for more than 60 tax provisions. The One Big Beautiful Bill Act
If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand
Life insurance is often a cornerstone of estate planning, providing liquidity to cover estate taxes, debts or other obligations. However,
Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to
Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E)
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
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