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

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a

Now that most schools are out for the summer, you might be sending your children to day camp. It’s often

A common estate planning mistake that people make is to own property jointly with an adult child or other family

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep

To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts

If you’re divorcing, it’s important to review your estate plan as early as possible, for two reasons: First, you may

We’ve reached the middle of the calendar year. So how are things going for your business? Conversationally you might say,

The U.S. Senate has passed, and President Trump is expected to sign into law, a broad package of reforms aimed

Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax

The record-high exemption amount currently in effect means that fewer families are affected by gift and estate taxes. As a

Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or