CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

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

IRS permits same-sex couples to recalculate marital exclusion amounts http://bit.ly/2jsmUPY

Many businesses receive payment in advance for goods and services. Examples include magazine subscriptions, long-term supply contracts, organization memberships, computer

As the saying goes, nothing lasts forever — and that goes for most companies. Then again, with the right succession

The most useful metric to gauge a company’s performance isn’t necessarily net income, pretax profits or earnings per share, as

The executor’s role is critical to the administration of an estate and the achievement of estate planning objectives. So your

If you’re like many Americans, you might not start thinking about filing your tax return until close to this year’s

Do you start thinking about filing your tax return when it gets close to the April deadline? You might even

Tax refund delay to hurt some people. A 2015 law requires the IRS to delay, until at least Feb. 15,

In December, Congress passed the 21st Century Cures Act. The long and complex bill covers a broad range of health

Asset protection trusts — both offshore and domestic — can be effective vehicles for protecting your wealth in today’s litigious

Gathering knowledge about your company’s competitors and industry has never been easier. This practice, known as “competitive intelligence,” can help

Medical expense deductions can be difficult for many taxpayers to claim. That’s because most people can only deduct qualified medical

The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit

Despite the COVID-19 pandemic, the National Association of Realtors (NAR) reports that existing home sales and prices are up nationwide,

With the federal gift and estate tax exemption now at a record high $11.58 million for 2020, most estates aren’t

As you’re probably aware, President Trump signed an executive memorandum on August 8 creating a payroll tax deferral. The development

Many companies are struggling as a result of shutdowns and restructurings during the COVID-19 crisis. To add insult to injury,

Has your organization laid off employees this year because of the COVID-19 pandemic, but you plan to rehire some of

A federal trial court recently invalidated several provisions of the U.S. Department of Labor’s (DOL’s) temporary regulations implementing the paid

In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it

The Coronavirus Aid, Relief and Economic Security (CARES) Act made changes to excess business losses. This includes some changes that

Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years

If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? And if

Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule.