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

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and

You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep

Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work

The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their

The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue

Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there

If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax

Traditionally, estate planning has focused on more technical objectives, such as minimizing gift and estate taxes and protecting assets against