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

Temporary regulations authorize more tax return information disclosures to the U.S. Census Bureau. The IRS has issued temporary regs that

Family business compensation found not reasonable. Businesses can deduct ordinary and necessary expenses, including reasonable compensation. In one case, the

Court cracks down on tax protestor. The U.S. Tax Court defines a tax protestor as a person making frivolous tax

When performing an audit, CPAs send confirmation letters to outside parties typically via the U.S. Postal Service in accordance with

Proposed regs would add new types of covered asset acquisitions for foreign tax credit limitation purposes. The IRS has proposed

Court ruling nixing Obamacare reimbursements is frozen until President-elect Trump takes office. The U.S. Court of Appeals for the District

If you have unadopted stepchildren, estate planning is critical to ensure that your property is distributed the way you desire.

If your 40s are behind you, consider boosting retirement savings and reducing your 2016 tax bill with a 401(k) catch-up

Safe and convenient tool. The IRS has launched an online tool that lets taxpayers see their account balance, including what

Payments weren’t alimony. Alimony payments are includible in the recipient’s gross income and deductible by the payor. Here, spousal support

You may be aware of the rule that allows businesses to deduct bonuses employees have earned during a tax year

A shift of the tax burden? A brief from Washington, D.C.-based Tax Policy Center advocates shifting much of the tax

The IRS recently increased the carryover limit for Health Flexible Spending Arrangements (FSAs) to an amount indexed for inflation. The

  The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection

  Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate

  Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed

  Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external

  The IRS recently issued frequently asked questions (FAQs) regarding retirement plan distribution and loan relief under the Coronavirus Aid,

  Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s

  There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now

  In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to

  Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you

  The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition

  The IRS has issued new guidance addressing a question that has lingered since the launch of the Paycheck Protection