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
U.S. multinationals optimistic for another repatriation holiday. President-elect Trump’s election win moves large U.S. corporations closer than they’ve been in
Could on-site childcare become more attractive for businesses under President-elect Trump? On his website, Trump proposed during the campaign to
Will you owe the 3.8% net investment income tax (NIIT) on unearned income? Try to reduce your exposure. It’s a
Many tax breaks are reduced or eliminated for higher-income taxpayers. Two of particular note are the itemized deduction reduction and
In addition to income tax, you must pay Social Security and Medicare taxes on earned income, such as salary and
Typically, it’s better to defer tax. One way is through controlling when your business recognizes income and incurs deductible expenses.
There’s a lot to think about when you change jobs, and it’s easy for a 401(k) or other employer-sponsored retirement
If you’re charitably inclined, making donations is probably one of your key year-end tax planning strategies. But if you typically
Section 529 plans provide a tax-advantaged way to help pay for college expenses. Here are just a few of the
If you have incomplete or missing records and get audited by the IRS, your business will likely lose out on
If you invest, whether you’re considered an investor or a trader can have a significant impact on your tax bill.
If you recently redeemed frequent flyer miles to treat the family to a fun summer vacation or to take your
If you’re getting close to retirement age, you may be wondering if your Social Security benefits are going to be
Nonqualified deferred compensation (NQDC) plans pay executives or other key employees at some time in the future for services to
During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax.
Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your
When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s
Imagine giving your company’s retirement plan a report card. Would it earn straight A’s in preparing your participants for their
By now, most employers have read up on, hired and gotten to know Millennials. Well, guess what? A whole new
The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a
Now that most schools are out for the summer, you might be sending your children to day camp. It’s often
A common estate planning mistake that people make is to own property jointly with an adult child or other family
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep
To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts