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

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.

If you’re considering opening an investment account for your minor child or grandchild to help him or her save for

At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents

If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to

Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title

Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership

A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One

For family business owners, an estate plan and a succession plan often work in tandem, ensuring that both personal and

By purchasing stock in certain small businesses, you can diversify your investment portfolio. You also may enjoy preferential tax treatment,

One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type.