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

Stock market volatility can cut tax on a Roth IRA conversion This year’s stock market volatility can be unnerving, but

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the

Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for

By investing in qualified small business (QSB) stock, you can diversify your portfolio and enjoy two valuable tax benefits: 1.

It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected

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

The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been

In a historically tenuous time to retain employees, small employers are particularly at risk. Whereas a large employer might be

The “stretch” IRA generally no longer exists. But if you have a substantial balance in a traditional IRA, a properly

If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re

In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for

Precise language is critical in wills, trusts and other estate planning documents. A lack of clarity may be an invitation

If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there

The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax

One goal of estate planning is to avoid or minimize probate. This is particularly important if you own real estate

If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could

If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the

If you own your own company and travel for business, you may wonder whether you can deduct the costs of