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,

There’s no law that says you can’t prepare your own estate plan. And with an abundance of online services that

If you’ve done any research into employee benefits for your business recently, you may have come across a bit of

One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company

Converting a traditional IRA to a Roth IRA can provide tax-free growth and tax-free withdrawals in retirement. But what if

Do you need a trust protector? Maybe, if you aren’t completely confident the trustee will carry out your wishes. A

If you have a child or other family member with a disabling condition that requires long-term care or prevents (or

Under the Tax Cuts and Jobs Act, employees can no longer claim the home office deduction. If, however, you run

There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. A

Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could

President Trump and Republican lawmakers currently are considering a second round of tax reform legislation as a follow-up to last

It may be difficult to consider, but funeral arrangements are a critical component of your estate plan. Failure to clearly

Many employers sponsor 401(k) plans to help employees save for retirement. But sometimes those employees need access to plan funds