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

Identity theft isn’t just a consumer problem. Criminals steal the identities of businesses, too. In addition to filing fraudulent tax

Of course, you expect the declarations in your will to be carried out, as required by law. Usually, that’s exactly

It’s easy to get frustrated when an employee is failing to produce the volume or quality of work you’re looking

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably

Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes

Many estate planning techniques are intended to minimize or even eliminate gift and estate taxes when transferring assets to family

Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual

A common estate planning mistake is to designate a minor as beneficiary — or contingent beneficiary — of a life

If you own a business and have a child in high school or college, hiring him or her for the

Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences

An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves

Most businesses approach technology as an evolving challenge. You don’t want to overspend on bells and whistles you’ll never fully

If you own a home and rent it to a relative, you may be surprised to find out there could

On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep

A smart estate plan should leave no doubt as to your intentions. Writing a letter of instruction can go a

As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from

You’d be surprised how often people fail to disclose foreign assets to their estate planning advisors. They assume that these

If you’re thinking about selling stock shares at a loss to offset gains that you’ve realized during 2022, it’s important

Two tax benefits are available to offset the expenses of adopting a child. In 2022, adoptive parents may be able

If you’re taking a second trip down the aisle, you may have different expectations than you did when you got

Many people have savings bonds that were purchased many years ago. Perhaps they were given to your children as gifts

These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles

You create an estate plan to meet technical objectives, such as minimizing gift and estate taxes and protecting your assets