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

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

For certain employers, particularly small businesses, introducing a retirement plan for employees may seem like a daunting task. The company

If you’re the owner of a small business, you may think of your tight-knit group of employees as a family.

The Tax Cuts and Jobs Act (TCJA) includes a provision that Secretary of the Treasury Steven Mnuchin said should lead

Some of your medical expenses may be tax deductible, but only if you itemize deductions and have enough expenses to

Every year, when baseball season finally ends, a most valuable player (MVP) is named in each league. Not everyone agrees

Online shopping enables consumers to buy almost anything from the convenience of their own homes. But comfortable surroundings can lull

As we approach the end of the year, it’s a good idea to review your business’s expenses for deductibility. At