CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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

Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important

If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t

As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable

An IRA is a popular vehicle to save for retirement, and it can also be a powerful estate planning tool.

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for

If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As

Your estate plan shouldn’t be a static document. It needs to change as your life changes. Year end is the

Many employers offer coverage to employees’ domestic partners under their health care plans. If your organization does so, you need

For several years now, cloud computing has been touted as the perfect way for companies large and small to meet

A tried-and-true year end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies,

The Tax Cuts and Jobs Act (TCJA) created more than 100 new tax provisions — a staggering thought as you

If your estate includes forms of intellectual property (IP), such as patents and copyrights, it’s important to know how to

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

Ask many entrepreneurs and small business owners to show you their financial statements and they’ll likely open a laptop and

To help you make sure you don’t miss any important 2019 deadlines, we’ve provided this summary of when various tax-related

Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the

Employee stock ownership plans (ESOPs) offer closely held business owners an exit strategy and a tax-efficient technique for sharing equity

A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019. Here’s