GPKLEG Blog
News & Helpful Tips
Audit preparation should begin long before fieldwork starts. Giving your accounting team and external auditor time to address significant transactions,
Fraud risks change as your business and its external market conditions evolve. Controls that were previously effective may no longer
Online shopping enables consumers to buy almost anything from the convenience of their own homes. But comfortable surroundings can lull
As we approach the end of the year, it’s a good idea to review your business’s expenses for deductibility. At
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,
Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought