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

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