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
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’
A revocable trust isn’t effective unless you fund it by transferring ownership of assets to the trust. Transferring a vehicle
If your son or daughter currently is home from college on winter break, now is a good time to sit
Portability allows a surviving spouse to apply a deceased spouse’s unused estate tax exemption amount toward his or her own
If you or one of your adult children is getting married, you may be concerned about protecting your family’s assets
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep
As the holidays approach and the year draws to a close, many taxpayers make charitable gifts — both in the
Prepaying property taxes related to the current year but due the following year has long been one of the most
Many people choose to pass assets to the next generation during life, whether to reduce the size of their taxable
If you hold significant real estate investments, tenancy-in-common (TIC) ownership can be a powerful, versatile estate planning tool. A TIC
Section 529 plans are a popular education-funding tool because of tax and other benefits. Two types are available: 1) prepaid
If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA
For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess
If you are about to receive an inheritance from a family member, you can use a qualified disclaimer to refuse
If you’re charitably inclined and you collect art, appreciated artwork can make one of the best charitable gifts from a
Do you own a vacation home? If you both rent it out and use it personally, you might save tax
If you’ve worked a lifetime to build a large estate, you undoubtedly would like to leave a lasting legacy to
If you dream of spending your golden years in a tropical paradise, a culture-rich European city or another foreign locale,
For many people, a family-owned business is their primary source of wealth, so it’s critical to plan carefully for the
The Tax Cuts and Jobs Act (TCJA) created a new general business tax credit for certain businesses that grant their