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

Stock market volatility can cut tax on a Roth IRA conversion This year’s stock market volatility can be unnerving, but

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the

Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for

By investing in qualified small business (QSB) stock, you can diversify your portfolio and enjoy two valuable tax benefits: 1.

It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected

Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any thought