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

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep

Have you made any New Year’s resolutions for 2021? Resolutions usually take the form of personal goals like eating healthier

On December 27, President Trump signed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as

Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes

Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still

As President-elect Joe Biden moves forward with the transition and prepares for the inauguration next month, you may be wondering

The year 2020 has taught businesses many lessons. The sudden onset of the COVID-19 pandemic followed by drastic changes to

As we approach the end of the year, it’s a good time to think about whether your business needs to

Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so,

According to literature, the “seven deadly sins” are lust, gluttony, greed, laziness, wrath, envy and pride. Although individuals may be

By now, some businesses have completed their 2021 budgets while others are still crunching numbers and scrutinizing line items. As