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
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
One advantage of inheriting an IRA from your spouse is that you’re entitled to transfer the funds to a spousal
If you have a life insurance policy, you may want to ensure that the benefits your family will receive after
Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport
The new American Rescue Plan Act provides eligible families with an enhanced child and dependent care credit for 2021. This
President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP) application
President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best
For many people, an important goal of estate planning is to leave a legacy for their children, grandchildren and future
April 15 is not only the deadline for filing your 2020 tax return, it’s also the deadline for the first
The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic,
While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses.