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

When companies reissue prior financial statements, it raises a red flag to investors and lenders. But not all restatements are

Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision

Employee benefit plans with 100 or more participants must generally provide an audit report when filing IRS Form 5500 each

Bartering might seem like something that happened only in ancient times, but the practice is still common today. And the

While April 15 (April 18 this year) is the main tax deadline on most individual taxpayers’ minds, there are others

A life insurance policy can be an important part of an estate plan. The tax benefits are twofold: The policy

Grandparents often want to play a role in financing their grandchildren’s education. If you’re one of them, it’s important to

If you run a business “on the side” and derive most of your income from another source (whether from another

Like many businesses, yours may allow retirement plan participants to take out loans from their accounts. Such loans are governed

There are few events that can completely upend a person’s life more than divorce. Of course, there’s the emotional toll

An agreed upon procedures (AUP) engagement uses procedures similar to an audit, but on a smaller and limited scale. Here’s

Company retreats can cost enormous amounts of time and money. Are they worth it? Sometimes. Large-scale get-togethers can involve considerable