CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

Audit preparation should begin long before fieldwork starts. Giving your accounting team and external auditor time to address significant transactions,

Fraud risks change as your business and its external market conditions evolve. Controls that were previously effective may no longer

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

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

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