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

Including a letter of instruction in your estate plan is a simple yet powerful way to communicate your personal wishes

The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial changes that will help small business taxpayers. Perhaps

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners.

Incorporating charitable giving into your estate plan can be a thoughtful and strategic way to support causes you care about

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

As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire

For some time, President Trump and the GOP have had their sights on repealing many of the tax incentives created

Incorporating charitable giving into your estate plan can be a thoughtful and strategic way to support causes you care about

The One, Big, Beautiful Bill Act (OBBBA) includes, among many other things, numerous provisions that can affect an individual’s taxes.

As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire

Ever since the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017, estate planners have had to

The One, Big, Beautiful Bill Act (OBBBA) includes numerous provisions affecting the tax liability of U.S. businesses. For many businesses,

If you have minor children, arguably the most important estate planning decision you need to make is choosing a guardian

A job description may seem like just so many words on a page or website. But those words have power.

The IRS has issued new guidance updating the rules for using optional standard mileage rates when calculating “above-the-line” deductions for

The right entity choice can make a difference in the tax bill you owe for your business. Although S corporations

You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a

The Tax Cuts and Jobs Act (TCJA) made only one change to the federal gift and estate tax regime, but

Year end can be a stressful time for those in ownership and management positions. Along with having to tackle myriad

By temporarily doubling the gift and estate tax exemption, the Tax Cuts and Jobs Act (TCJA) opened a window of

The IRS recently issued its 2020 cost-of-living adjustments. With inflation remaining largely in check, many amounts increased slightly, and some

Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older,

The first tax-filing season under the Tax Cuts and Jobs Act (TCJA) was a time of uncertainty for many businesses

The Tax Cuts and Jobs Act (TCJA) reduced individual income tax rates, but it left the 3.8% net investment income