GPKLEG Blog

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

Time to get empowered. The IRS is reminding businesses that a number of special tax benefits are still available in

When a married couple lives in a community property state, the money earned and property acquired by either spouse during

Audit season is just around the corner for calendar-year companies. With external audits, preparation can help facilitate field work, lower

IRA distributions were taxable. A man took nearly $45,000 in withdrawals from his wife’s IRA during their divorce “out of

Court finds properties weren’t worthless or abandoned. The sole shareholder of an S corporation claimed net operating loss (NOL) carrybacks

Bill would allow vets to contribute to Health Savings Accounts (HSAs). The U.S. House is considering the “Veterans TRICARE Choice

Payroll tax penalty imposed. A person responsible for collecting and paying payroll tax can be held personally liable for willfully