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

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

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by

When school lets out, kids participate in a wide variety of summer activities. If one of the activities your child

With the filing date for 2017 in the rearview mirror for most businesses and individuals, the last thing they probably

Employees don’t always fill out their W-4 forms accurately. For example, some may wrongly write “exempt” on the withholding portion

At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit

If you’re putting aside money for college or other educational expenses, consider a tax-advantaged 529 savings plan. Also known as

Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation

If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a

Federal estate tax liability is no longer an issue for many families, now that the gift and estate tax exemption

Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused

In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA).

Years ago, Congress enacted the “kiddie tax” rules to prevent parents and grandparents in high tax brackets from shifting income

You probably don’t have to be told about the need for a will. But do you know what provisions should

The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to

When drafting your estate plan, you and your attorney must account for what happens to your children and your assets

Working from home has its perks. Not only can you skip the commute, but you also might be eligible to