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
In many parts of the country, summer is peak season for selling a home. If you’re planning to put your
In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it
One common configuration of employee benefits today is a cafeteria plan with options for pretax contributions that include a health
“That’s just the cost of doing business.” You’ve probably heard this expression many times. It’s true that, to invoke another
If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of
The bookkeeper is one of any company’s most trusted employees. Unfortunately, that trust isn’t always deserved. Bookkeepers — particularly those
The summer months are almost here and, with them, the prospect of many employers offering unpaid internships to high school
Now that small businesses and their owners have filed their 2017 income tax returns (or filed for an extension), it’s
What 2017 tax records can you toss once you’ve filed your 2017 return? The answer is simple: none. You need
If you want to preserve as much wealth as possible for your children, but you leave property to your spouse
Most people are genuinely appreciative of inheritances. But sometimes it may be too good to be true. While inherited property
Every business owner launches his or her company wanting to be successful. But once you get out there, it usually
If you’re in line to inherit property from a parent or other loved one, it’s critical to understand the basis
Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future. Sometimes companies
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a
An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here
Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if
Before you jump headfirst into the year-end financial reporting process, review the role independent audit committees play in providing investors
To help you make sure you don’t miss any important 2020 deadlines, we’ve provided this summary of when various tax-related
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased
Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills.
Virtually everyone needs an estate plan, but it isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, general
The IRS announced it is opening the 2019 individual income tax return filing season on January 27. Even if you
A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small