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
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2017. Keep
If your elderly parent’s mental state is deteriorating to the point where he or she is unable to manage day-to-day
The IRS is requesting more help with its Form W-2 verification program. The program was implemented during 2016 as a
The U.S. Tax Court held that a tax code rule involving charitable donations doesn’t apply currently because IRS hasn’t yet
Come tax time, owner-employees face a variety of distinctive tax planning challenges, depending on whether their business is structured as
Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits remain unchanged for
Reminder: Jan. 31 is the due date for W-2 and certain 1099-MISC forms. Unlike in prior years, 2016 W-2 forms
FBAR filing deadline pushed back for some. Proposed regs, issued in March, would expand and clarify exemptions from Report of
If you own intellectual property (IP), such as a patent or copyright, you need to know how to account for
Business owners get to make executive decisions. It’s one of the perks of the job. But acting unilaterally when buying
If you don’t make a 2016 Coverdell Education Savings Account (ESA) contribution by December 31, the opportunity will be lost
New law creates new type of HRA. The 21st Century Cures Act was recently signed into law. It creates a
You’ve probably heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you.
Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for
There’s no shortage of online do-it-yourself (DIY) tools that promise to help you create an “estate plan.” But while these
The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year,
If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the
Are you planning to move to a different state? It may be due to a change in jobs, a desire
Mitigating the adverse effects of climate change is one of the primary targets of the recently enacted Inflation Reduction Act
IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation
Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or
Whether the economic climate is stable or volatile, one thing never changes: the need to protect your assets from risk.
Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in