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

Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important

If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t

As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable

An IRA is a popular vehicle to save for retirement, and it can also be a powerful estate planning tool.

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for

If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As

Your estate plan shouldn’t be a static document. It needs to change as your life changes. Year end is the

Many employers offer coverage to employees’ domestic partners under their health care plans. If your organization does so, you need

For several years now, cloud computing has been touted as the perfect way for companies large and small to meet

A tried-and-true year end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies,

The Tax Cuts and Jobs Act (TCJA) created more than 100 new tax provisions — a staggering thought as you

If your estate includes forms of intellectual property (IP), such as patents and copyrights, it’s important to know how to