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

Many business owners are accustomed to running the whole show. But as your company grows, you’ll likely be better off

Some business owners make major decisions by relying on gut instinct. But investments made on a “hunch” often fall short

As you file your 2016 return and plan your charitable giving for 2017, it’s important to keep in mind the

Rather than keeping track of the actual cost of operating a vehicle, employees and self-employed taxpayers can use a standard

Because restricted gifts have stringent rules attached, they can be difficult for not-for-profits to manage and account for. How, then,

Last year you may have made significant gifts to your children, grandchildren or other heirs as part of your estate

Simplified Employee Pensions (SEPs) are sometimes regarded as the “no-brainer” first choice for high-income small-business owners who don’t currently have

Incentive stock options allow you to buy company stock in the future at a fixed price equal to or greater

Sharing your wealth with a favorite charity can benefit those in need and reduce your taxable estate. In addition, your

The Section 199 deduction is intended to encourage domestic manufacturing. In fact, it’s often referred to as the “manufacturers’ deduction.”

Was a college student in your family last year? Or were you a student yourself? You may be eligible for

“I’m taking a sick day!” This familiar refrain usually is uttered with just cause, but not always. What if there

The IRS recently issued its 2026 cost-of-living adjustments for more than 60 tax provisions. The One Big Beautiful Bill Act

If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand

Life insurance is often a cornerstone of estate planning, providing liquidity to cover estate taxes, debts or other obligations. However,

Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to

Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E)

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.

If you’re considering opening an investment account for your minor child or grandchild to help him or her save for

At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents

If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to

Make no mistake, serving as an executor (or a “personal representative” in some states) is an honor. But the title