CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

Expecting tax cuts next year? President-elect Trump declared one of his top priorities to be passage of a “major tax

Distributor’s TV packages don’t qualify. In two similar Technical Advice Memorandums, the IRS determined that a television subscription package sold

Taxpayers denied child tax breaks. For part of a year, a married couple lived with a child from the wife’s

The last month or so of the year offers accrual-basis taxpayers an opportunity to make some timely moves that might

Accrual-basis taxpayer? One way to save tax is to properly record and recognize expenses that were incurred this year but

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.

When people hear the term “forensic science,” they usually think “CSI.” What comes to mind when you hear the term

The gift and estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act

In the course of operating your business, you probably spend time and money “wining and dining” current or potential customers,

Unforeseen disasters happen all the time and they may cause damage to your home or personal property. Before the Tax

Here’s a fast fact: The percentage of U.S. children who live with an unmarried parent has jumped from 13% in

Employers with 20 or more employees are generally required to offer continuing health care coverage to departing staff members. This

Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and

Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic,

Once your 2018 tax return has been successfully filed with the IRS, you may still have some questions. Here are

The staggering cost of college makes it critical for families to plan carefully for this major expense, and in many

In good times, organizations often need to change to seize opportunities and keep up with demand. In bad times, they

As companies increase their investments in social media marketing, many are seeking ways to make it simpler and more cost-effective.