According to the Internal Revenue Service (IRS) and the National Federation of Independent Businesses (NFIB), almost one-third of companies see penalties due to payroll issues. Understanding a few examples, according to the NFIB, of how companies can better comply and avoid penalties is essential to...
Over the years, millions of individuals have been affected by data breaches, where their sensitive data is accessed by unauthorized cybercriminals or publicly exposed. A data breach can result in huge financial loss if stolen data is used to compromise consumer identity, which also can...
It is not uncommon for employers to misclassify employees as independent contractors, either to intentionally avoid their withholding and tax responsibilities or because they are not aware of the laws regarding the issue. Misclassifying a worker can have significant ramifications for both the employer and...
By now you have probably gotten used to the provisions in the Tax Cuts and Jobs Act (TCJA) that became effective January 1, 2018. But don’t forget, most of the tax changes made by the TCJA are not permanent and will expire (sunset) after 2025....
If you have been procrastinating about filing your 2022 tax return or have not filed other prior year returns, you should consider the consequences, including the penalties, interest, and aggressive enforcement actions. Plus, if you have a refund coming for a prior year you may...
QuickBooks Online is really good at a lot of things. It helps you create and manage contact records and sales forms. It can keep you apprised of your online account transactions and balances and help you pay your bills. It simplifies customer payments and provides...
Here is what the firm has been up to since our last newsletter. [themify_col grid="2-1 first"] Promotions and New Hires: Jocelyn Strong joined the team as Senior Audit Associate on June 5. Cristina Scamardella joined the team as an Administrative Associate on August 7. Shane Morris joined...
What year did you join Blackman & Sloop? I joined Blackman & Sloop in March of 2023. Why did you choose Blackman & Sloop? I saw it as an opportunity to grow and learn. I also had a great feeling about the people. What is your favorite...
Blackman & Sloop is pleased to announce the addition of Shane Morris to their professional team. Morris joins the Blackman & Sloop team as an associate in the business advisory services department. A professional in the field since 2020, Morris previously owned her own bookkeeping firm. “I...
Blackman & Sloop is proud but sad to announce the retirement of long-time team member Robin McDuffie, CPA, CGMA. “I am honored to congratulate Robin on her retirement,” said Andrea Woodell Eason, CPA, managing principal at Blackman & Sloop. “This moment is bittersweet, as we will...
