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
If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging
Choosing the right executor — sometimes known as a “personal representative” — is critical to the smooth administration of an
Many, if not most, employers today use some form of an “at-will” employment contract when hiring. The arrangement is theoretically
When President Trump signed into law the Tax Cuts and Jobs Act (TCJA) in December 2017, much was made of
While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers could
While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through
Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But
What if the unthinkable happens and your spouse dies unexpectedly? Would you be prepared to cope emotionally and financially? As
An annual estate plan checkup is critical to the health of your estate plan. Because various exclusion, exemption and deduction
Retirement plan contribution limits are indexed for inflation, and many have gone up for 2019, giving you opportunities to increase
Estate planning aims to help individuals achieve several important goals — primary among them, transferring wealth to loved ones at
Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately for fraud experts, business owners’
When companies reissue prior financial statements, it raises a red flag to investors and lenders. But not all restatements are
Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision
Employee benefit plans with 100 or more participants must generally provide an audit report when filing IRS Form 5500 each
Bartering might seem like something that happened only in ancient times, but the practice is still common today. And the
While April 15 (April 18 this year) is the main tax deadline on most individual taxpayers’ minds, there are others
A life insurance policy can be an important part of an estate plan. The tax benefits are twofold: The policy
Grandparents often want to play a role in financing their grandchildren’s education. If you’re one of them, it’s important to
If you run a business “on the side” and derive most of your income from another source (whether from another
Like many businesses, yours may allow retirement plan participants to take out loans from their accounts. Such loans are governed
There are few events that can completely upend a person’s life more than divorce. Of course, there’s the emotional toll
An agreed upon procedures (AUP) engagement uses procedures similar to an audit, but on a smaller and limited scale. Here’s
Company retreats can cost enormous amounts of time and money. Are they worth it? Sometimes. Large-scale get-togethers can involve considerable