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
The term “probate” is one you’ve probably heard and might associate with negative connotations. But you may not fully understand
As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to
Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep
If you’re charitably inclined, it may be desirable to donate assets held in a trust. Why? Perhaps you’re not ready
Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your
If you have a family member who’s disabled, financial and estate planning can be tricky. You don’t want to jeopardize
The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate,
High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax
To ensure that a trust operates as intended, it’s critical to appoint a trustee that you can count on to
You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions
If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated