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

Payable-on-death (POD) and transfer-on-death (TOD) accounts are attractive estate planning tools because they allow assets to pass directly to named

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

If you make quarterly estimated tax payments, the amount you owe may be affected by the One Big Beautiful Bill

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

The federal government has announced a major change that will affect how numerous Americans receive their tax refunds and federal

The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to an outdated IRS requirement. Beginning with payments made

As its name suggests, a living trust (also known as a revocable trust) is in effect while you’re alive. It’s

Retirement planning is essential for all families, but it can be especially critical for couples where one spouse earns little

The alternative minimum tax (AMT) is a separate federal income tax system that bears some resemblance to the regular federal

As the federal gift and estate tax exemption increases, the number of families affected by gift and estate tax liability

The federal government has announced a major change that will affect how numerous Americans receive their tax refunds and federal

The One, Big, Beautiful Bill Act (OBBBA) has introduced significant tax changes that could affect families across the country. While

  Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according

  Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every

  The novel coronavirus (COVID-19) pandemic and the resulting economic fallout is dealing a crushing blow to charitable organizations. Indeed,

  By now, most employers have presumably read up on the basic tax relief and financial assistance aspects of the

As businesses across the country grapple with the economic fallout from the novel coronavirus (COVID-19) pandemic, many must decide whether

In the midst of the coronavirus (COVID-19) pandemic, Americans are focusing on their health and financial well-being. To help with

The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to

  The coronavirus (COVID-19) outbreak has changed the way most employers are interacting with their employees. Many organizations have sent

  The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50%

  As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic,

  You may have heard that the federal income tax filing and payment deadline has been extended from April 15,

  The Coronavirus Aid, Relief and Economic Security Act (CARES Act) allocates nearly $350 billion to a new lending program