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

There’s no law that says you can’t prepare your own estate plan. And with an abundance of online services that

If you’ve done any research into employee benefits for your business recently, you may have come across a bit of

One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company

Converting a traditional IRA to a Roth IRA can provide tax-free growth and tax-free withdrawals in retirement. But what if

Do you need a trust protector? Maybe, if you aren’t completely confident the trustee will carry out your wishes. A

If you have a child or other family member with a disabling condition that requires long-term care or prevents (or

Under the Tax Cuts and Jobs Act, employees can no longer claim the home office deduction. If, however, you run

There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. A

Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could

President Trump and Republican lawmakers currently are considering a second round of tax reform legislation as a follow-up to last

It may be difficult to consider, but funeral arrangements are a critical component of your estate plan. Failure to clearly

Many employers sponsor 401(k) plans to help employees save for retirement. But sometimes those employees need access to plan funds

The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The

  The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection

  Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate

  Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed

  Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external

  The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,

  Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s

  There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now

  In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to

  Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you

  The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition

  The IRS has issued new guidance addressing a question that has lingered since the launch of the Paycheck Protection