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,
Inventory is a prime target for fraud schemes, second only to cash. Retailers, manufacturers and contractors are at risk for
Extra time to supply Affordable Care Act (ACA) statements. The IRS has extended the ACA information reporting due date to
Is your inventory being stolen by dishonest employees or customers? Inventory is a prime target for fraud schemes, second only
Educational institutions get extended penalty relief for tuition reporting change. The IRS has announced that it is extending previously granted
Bipartisan bill introduced in Senate to strengthen retirement savings. On Nov. 17, Senate Finance Committee Chair Orrin Hatch (R-UT) and
“Mailbox rule” reigns supreme. A federal district court dismissed a suit by married taxpayers who claimed they’d filed a timely,
Typically, much of the estate planning process focuses on money. But the most successful estate plans are founded on relationships.
Life insurance can be a powerful financial and estate planning tool, but its benefits may be reduced or even eliminated
The election of Donald Trump as President of the United States could result in major tax law changes in 2017.
Special tax benefits for military members. The IRS reminds service members that they may qualify for special tax benefits. These
What’s your status? An accurate tax return depends partly on using the right filing status. When one taxpayer’s living situation
Saving for retirement can be tough if you’re putting most of your money and time into operating a small