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
Sometimes estates that are large enough for estate taxes to be a concern are asset rich but cash poor, without
In April 2018, the IRS released temporary guidance on the amended limit on deductions for business interest expense for tax
Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer
The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them
Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your
Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important
If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t
As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable
An IRA is a popular vehicle to save for retirement, and it can also be a powerful estate planning tool.
The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for
If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As
Your estate plan shouldn’t be a static document. It needs to change as your life changes. Year end is the