CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

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

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

Everyone needs to plan for retirement. But as a business owner, you face a distinctive challenge in that you must

If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must

One of the primary goals of estate planning is to put in writing how you want your wealth distributed to

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit

If you’re putting aside money for college or other educational expenses, consider a tax-advantaged 529 savings plan. Also known as

Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation

If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a

Federal estate tax liability is no longer an issue for many families, now that the gift and estate tax exemption

Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused

In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA).