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 beneficiary defective inheritor’s trust (BDIT) allows you to enjoy the benefits of a traditional trust without giving up control

By and large, today’s employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to

For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal

In a much-anticipated ruling that confounded the expectations of many court watchers, the U.S. Supreme Court has given state and

While the Tax Cuts and Jobs Act (TCJA) reduced most ordinary-income tax rates for individuals, it didn’t change long-term capital

The most effective estate planning strategies often involve the use of irrevocable trusts. But what if you’re uncomfortable placing your

Funny thing about customers: They can keep you in business — but they can also put you out of it.

Identity theft isn’t just a consumer problem. Criminals steal the identities of businesses, too. In addition to filing fraudulent tax

Of course, you expect the declarations in your will to be carried out, as required by law. Usually, that’s exactly

It’s easy to get frustrated when an employee is failing to produce the volume or quality of work you’re looking

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably

Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes