GPKLEG Blog

Last minute tax-saving business tips. As year-end approaches, if you own a business you could benefit from some tax-trimming moves.

Gamblers couldn’t deduct losses. “Professional” gamblers can deduct losses equal to their winnings, but the burden of proving the deduction

Exempt status revoked, but not denied. A volunteer fire department provided fire protection, ambulance and rescue services to the community.

Summons issued to bitcoin exchange. Coinbase, the nation’s largest bitcoin exchange firm, has been served with an IRS summons seeking

Attention employers: There are three ways to set up an automatic enrollment 401(k) plan. Many Americans are unprepared for retirement

Security tips for taxpayers. The IRS suggests that you always: use security software with firewall and antivirus protections, make sure

IRS puts personal info at risk. Employees in the IRS Small Business/Self-Employed Division often don’t follow the agency’s email policies

Expecting tax cuts next year? President-elect Trump declared one of his top priorities to be passage of a “major tax

Distributor’s TV packages don’t qualify. In two similar Technical Advice Memorandums, the IRS determined that a television subscription package sold

Taxpayers denied child tax breaks. For part of a year, a married couple lived with a child from the wife’s

The last month or so of the year offers accrual-basis taxpayers an opportunity to make some timely moves that might

Accrual-basis taxpayer? One way to save tax is to properly record and recognize expenses that were incurred this year but