CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

A potential downside of tax-deferred saving through a traditional retirement plan is that you’ll have to pay taxes when you

For many, an important estate planning goal is to encourage their children or other heirs to lead responsible, productive lives.

If you’re interested in lending money to your children or other family members, consider establishing a “family bank.” These entities

Every company has at least one owner. And, in many cases, there exists leadership down through the organizational chart. But

Many companies take an ad hoc approach to technology. If you’re among them, it’s understandable; you probably had to automate

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

Executives and other key employees are often compensated with more than just salary, fringe benefits and bonuses: They may also

As the school year draws to a close and the days lengthen, you may be one of the many homeowners

Many businesses host a picnic for employees in the summer. It’s a fun activity for your staff and you may

With health care costs continuing to climb, tax-friendly ways to pay for these expenses are more attractive than ever. Health

Are you thinking about turning a business trip into a family vacation this summer? This can be a great way

Stock market volatility can cut tax on a Roth IRA conversion This year’s stock market volatility can be unnerving, but

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the

Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for

By investing in qualified small business (QSB) stock, you can diversify your portfolio and enjoy two valuable tax benefits: 1.

It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected

Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought