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

Inventory is a prime target for fraud schemes, second only to cash. Retailers, manufacturers and contractors are at risk for

Extra time to supply Affordable Care Act (ACA) statements. The IRS has extended the ACA information reporting due date to

Is your inventory being stolen by dishonest employees or customers? Inventory is a prime target for fraud schemes, second only

Educational institutions get extended penalty relief for tuition reporting change. The IRS has announced that it is extending previously granted

Bipartisan bill introduced in Senate to strengthen retirement savings. On Nov. 17, Senate Finance Committee Chair Orrin Hatch (R-UT) and

“Mailbox rule” reigns supreme. A federal district court dismissed a suit by married taxpayers who claimed they’d filed a timely,

Typically, much of the estate planning process focuses on money. But the most successful estate plans are founded on relationships.

Life insurance can be a powerful financial and estate planning tool, but its benefits may be reduced or even eliminated

The election of Donald Trump as President of the United States could result in major tax law changes in 2017.

Special tax benefits for military members. The IRS reminds service members that they may qualify for special tax benefits. These

What’s your status? An accurate tax return depends partly on using the right filing status. When one taxpayer’s living situation

  Saving for retirement can be tough if you’re putting most of your money and time into operating a small

Does your college-aged child have a basic estate plan? In more cases than not, the answer is “no.” The good

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject

The IRS recently announced that it’ll increase the standard mileage rate for qualified business driving for the second half of

The best laid plans can go awry. After your death, events may transpire that you hadn’t anticipated or couldn’t have

Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to

For many business owners, estate planning and succession planning go hand in hand. As the owner of a closely held

The downturn in the stock market may have caused the value of your retirement account to decrease. But if you

Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers

Families that have children who are adopted, or stepchildren who haven’t been legally adopted, may face unique estate planning challenges.

Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible