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
During the holiday season your thoughts likely turn to helping those in need by making charitable donations. Doing so will
Standard mileage rates decrease for 2017. The IRS announced that the optional mileage allowance for owned or leased autos, vans,
Year end is just about here. You know what that means, right? It’s a great time to settle in by
An alternative way to be charitable. Taxpayers who are at least 70½, who have IRAs and who wish to donate
Flexible Spending Accounts (FSAs) save tax. The IRS reminds eligible employees to take advantage of employer health care FSAs in
A tried-and-true estate planning strategy is to make tax-free gifts to loved ones during life, because it reduces potential estate
The 2016 gift tax annual exclusion allows you to give up to $14,000 per recipient tax-free without using up any
If you limit how many vacation days employees can roll over to the new year, you might find your workplace
Get ready to file your tax return in 2017. The IRS announced that the 2017 tax filing season will begin
Be sure to take required minimum distributions (RMDs) by year end, if required. If you’ve reached age 70 1/2, take
There are some last-minute moves that may save you money on your 2016 taxes. 1) If you’re eligible for a
Congress Watch: U.S. House of Representatives prepares to adjourn. On Dec. 8, the House passed H.R. 2028, “Further Continuing and
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