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

Like many business owners, you might also own highly appreciated business or investment real estate. Fortunately, there’s an effective tax

Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions is April 18, 2017.

Although probate can be time consuming and expensive, perhaps its biggest downside is that it’s public — anyone who’s interested

The federal income tax filing deadline for calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or

It’s not uncommon for adult children to help support their aging parents. If you’re in this position, you might qualify

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,