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

While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits

It’s probably safe to say that most employers have created some form of an employee handbook. But just because your

Donating to charity is a key estate planning strategy for many people. It reduces the size of your taxable estate

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —

Have you made substantial gifts of wealth to family members? Or are you the executor of the estate of a

It’s not uncommon for employers in some industries and localities to occasionally rehire a previously terminated employee. Should such a

The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been

The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until

The right estate planning strategy for you likely is the one that will produce the greatest tax savings for your

In the simplest of worlds, an employee effectively performs a set of tasks on an agreed-upon schedule and you pay

Mitigating the adverse effects of climate change is one of the primary targets of the recently enacted Inflation Reduction Act

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or

Whether the economic climate is stable or volatile, one thing never changes: the need to protect your assets from risk.

Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in

The term “probate” is one you’ve probably heard and might associate with negative connotations. But you may not fully understand

As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to

Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep

If you’re charitably inclined, it may be desirable to donate assets held in a trust. Why? Perhaps you’re not ready

Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your

If you have a family member who’s disabled, financial and estate planning can be tricky. You don’t want to jeopardize