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

Last year you may have made significant gifts to your children, grandchildren or other heirs as part of your estate

Simplified Employee Pensions (SEPs) are sometimes regarded as the “no-brainer” first choice for high-income small-business owners who don’t currently have

Incentive stock options allow you to buy company stock in the future at a fixed price equal to or greater

Sharing your wealth with a favorite charity can benefit those in need and reduce your taxable estate. In addition, your

The Section 199 deduction is intended to encourage domestic manufacturing. In fact, it’s often referred to as the “manufacturers’ deduction.”

Was a college student in your family last year? Or were you a student yourself? You may be eligible for

“I’m taking a sick day!” This familiar refrain usually is uttered with just cause, but not always. What if there

It’s crucial to review and update your estate plan in light of significant life changes or new tax laws. It’s

Investment interest — interest on debt used to buy assets held for investment, such as margin debt used to buy

At the beginning of the year, many people decide they’re going to get in the best shape of their lives.

Bonus depreciation allows businesses to recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified

While it’s natural to set up trusts in the state where you live, you may be losing out on significant