CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

Audit preparation should begin long before fieldwork starts. Giving your accounting team and external auditor time to address significant transactions,

Fraud risks change as your business and its external market conditions evolve. Controls that were previously effective may no longer

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision

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.”

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