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

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 new American Rescue Plan Act provides eligible families with an enhanced child and dependent care credit for 2021. This

President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP) application

President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best

For many people, an important goal of estate planning is to leave a legacy for their children, grandchildren and future

April 15 is not only the deadline for filing your 2020 tax return, it’s also the deadline for the first

The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic,

While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses.

The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended

For many people, the first thing they think of when they hear the words “estate plan” is a will. And

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is

Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals

If you’re approaching retirement, you probably want to ensure the money you’ve saved in retirement plans lasts as long as