CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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

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

Once upon a time, some parents and grandparents would attempt to save tax by putting investments in the names of

If you’re charitably inclined, you may wish to consider a charitable gift annuity. It can combine the benefits of an

The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a

With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers

Even though you can’t physically touch digital assets, they’re just as important to include in your estate plan as your

When business use of websites began, getting noticed was the name of the game. Remember pop-up ads? Text scrolling up

A business owner first became suspicious when one of her managers bought an expensive boat that seemed beyond his pay

Mutual funds offer an easy way to invest in a diversified portfolio compared to buying individual stocks and bonds. But

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

If you run your business as a C corporation, you may be eligible for a potentially significant tax break for

Businesses that own commercial real property may be sitting on an overlooked treasure chest of tax savings — and a

Powers of appointment allow a trusted individual (the “holder”) to adjust how assets are distributed after your death, based on

If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick

Tax scammers continue to target taxpayers through email, text messages, phone calls and regular mail. They often try to create

Many parents assume an estate plan is only necessary for older adults or those with substantial wealth. However, once your

Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary

Many parents don’t know that the so-called “kiddie tax” exists. Others assume it affects only minor children. But it also

A properly structured grantor retained annuity trust (GRAT) can be a powerful tool for those with estates large enough that