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
When companies reissue prior financial statements, it raises a red flag to investors and lenders. But not all restatements are
Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision
Employee benefit plans with 100 or more participants must generally provide an audit report when filing IRS Form 5500 each
Bartering might seem like something that happened only in ancient times, but the practice is still common today. And the
While April 15 (April 18 this year) is the main tax deadline on most individual taxpayers’ minds, there are others
A life insurance policy can be an important part of an estate plan. The tax benefits are twofold: The policy
Grandparents often want to play a role in financing their grandchildren’s education. If you’re one of them, it’s important to
If you run a business “on the side” and derive most of your income from another source (whether from another
Like many businesses, yours may allow retirement plan participants to take out loans from their accounts. Such loans are governed
There are few events that can completely upend a person’s life more than divorce. Of course, there’s the emotional toll
An agreed upon procedures (AUP) engagement uses procedures similar to an audit, but on a smaller and limited scale. Here’s
Company retreats can cost enormous amounts of time and money. Are they worth it? Sometimes. Large-scale get-togethers can involve considerable
The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited
Yes, the April 15 tax deadline is now behind us. But there are also deadlines during the rest of the
Donor-advised funds (DAFs) have become increasingly popular among individuals and families who want to simplify their charitable giving while maximizing
With the April 15 tax filing deadline in the rearview mirror, you’re likely to turn your attention to other things.
When most people think about estate planning, they focus primarily on tangible assets, such as real estate, investments and personal
The deadlines for filing 2025 tax returns (or extensions) are fast approaching. Although most tax planning moves must be completed
Life insurance can provide peace of mind. But if your estate is large enough that estate taxes are a concern,
If you operate your business as a C corporation, how you put money into your company — and how you
Last year’s One Big Beautiful Bill Act (OBBBA) terminated several clean energy tax incentives earlier than previously scheduled. But if
A family limited partnership (FLP) allows you to manage and protect your wealth while gradually transferring it to your children
Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination
A new but temporary special depreciation allowance for qualified production property (QPP) was created by last year’s One Big Beautiful