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
On September 13, the House Ways and Means Committee passed three separate bills that will be the cornerstone of what
When married couples neglect to prepare an estate plan, state intestacy laws step in to help provide financial security for
Estate planning and investment risk management go hand in hand. After all, an estate plan is effective only if you
The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at
Now that the gift and estate tax exemption has reached a record high of $11.18 million (for 2018), it may
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
If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition —
If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions
Roth IRAs offer significant estate planning and financial benefits. If you have a substantial balance in a traditional IRA and
Many employers operate in locations where employees can bike to work. If you have employees who do so, you might
Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on
If you’re getting close to retirement age, you may be wondering if your Social Security benefits are going to be
Nonqualified deferred compensation (NQDC) plans pay executives or other key employees at some time in the future for services to
During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax.
Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your
When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s
Imagine giving your company’s retirement plan a report card. Would it earn straight A’s in preparing your participants for their
By now, most employers have read up on, hired and gotten to know Millennials. Well, guess what? A whole new