CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

Mutual funds offer an easy way to invest in a diversified portfolio compared to buying individual stocks and bonds. But

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

If you run your business as a C corporation, you may be eligible for a potentially significant tax break for

Businesses that own commercial real property may be sitting on an overlooked treasure chest of tax savings — and a

Powers of appointment allow a trusted individual (the “holder”) to adjust how assets are distributed after your death, based on

If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick

Tax scammers continue to target taxpayers through email, text messages, phone calls and regular mail. They often try to create

Many parents assume an estate plan is only necessary for older adults or those with substantial wealth. However, once your

Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary

Many parents don’t know that the so-called “kiddie tax” exists. Others assume it affects only minor children. But it also

A properly structured grantor retained annuity trust (GRAT) can be a powerful tool for those with estates large enough that

What if the unthinkable happens and your spouse dies unexpectedly? Would you be prepared to cope emotionally and financially? As

An annual estate plan checkup is critical to the health of your estate plan. Because various exclusion, exemption and deduction

Retirement plan contribution limits are indexed for inflation, and many have gone up for 2019, giving you opportunities to increase

Estate planning aims to help individuals achieve several important goals — primary among them, transferring wealth to loved ones at

Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately for fraud experts, business owners’

A revocable trust isn’t effective unless you fund it by transferring ownership of assets to the trust. Transferring a vehicle

If your son or daughter currently is home from college on winter break, now is a good time to sit

Portability allows a surviving spouse to apply a deceased spouse’s unused estate tax exemption amount toward his or her own

If you or one of your adult children is getting married, you may be concerned about protecting your family’s assets

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep

As the holidays approach and the year draws to a close, many taxpayers make charitable gifts — both in the

Prepaying property taxes related to the current year but due the following year has long been one of the most