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

If you’re in line to inherit property from a parent or other loved one, it’s critical to understand the basis

Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future. Sometimes companies

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a

An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here

Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if

Before you jump headfirst into the year-end financial reporting process, review the role independent audit committees play in providing investors

To help you make sure you don’t miss any important 2020 deadlines, we’ve provided this summary of when various tax-related

This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased

Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills.

Virtually everyone needs an estate plan, but it isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, general

The IRS announced it is opening the 2019 individual income tax return filing season on January 27. Even if you

A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small