Author: Blackman & Sloop

At Blackman & Sloop, our nonprofit practice is built around experienced leadership and a deep understanding of the unique challenges mission-driven organizations face. From audit and assurance to advisory and outsourced accounting, our team works alongside nonprofit leaders to provide clarity, strengthen operations, and support...

As nonprofits navigate a challenging landscape shaped by economic uncertainty, delayed government reimbursements, shifting donor priorities, and growing service demands, maintaining financial stability requires more than short-term budgeting. True sustainability depends on a forward-looking strategy built on liquidity, flexibility, and preparedness.  At the center of that...

As nonprofit leaders look to the future, one thing is certain: the years ahead will be defined by volatility, complexity, and opportunity. Federal policy changes, economic uncertainty, demographic shifts, philanthropic realignment, and rapid digital transformation are reshaping the nonprofit landscape. These forces are not uniform,...

When it comes to transparency and trust, few tools are as powerful, or as misunderstood, as IRS Form 990. For nonprofit leaders, this annual filing isn’t just a compliance requirement. It’s a narrative opportunity: one that speaks volumes to boards, donors, grantmakers, and watchdog organizations. But...

Tax season can be a stressful time for any business owner, but for independent pharmacies, the complexity of navigating tax regulations, industry-specific deductions, and compliance requirements can add even more weight. Between managing inventory, handling reimbursements, and keeping up with changing healthcare laws, it’s no surprise that...

When people think about accounting, they often picture spreadsheets, tax laws, and financial reports. Technical knowledge is certainly important, but the accountants who truly stand out bring something more to the table. At Blackman & Sloop, we know strong accountants rely on a set of soft...

At some point in every independent pharmacy owner’s journey, the question becomes not just how to run the business—but how to transition it. Whether you're planning to retire, sell to a partner, bring in a family member, or pass the torch to an associate, a strong succession...

We are proud to share an exciting milestone for our firm. Effective January 1, 2026, Blackman & Sloop has promoted Jennipher Branch to Partner. Jennipher’s promotion reflects not only her technical excellence and steady leadership, but also the care, clarity, and confidence she brings to...

Qualified Charitable Distributions (QCDs) are a highly effective tool in the tax planning toolkit, particularly for retirees who must take Required Minimum Distributions (RMDs) from their Individual Retirement Accounts (IRAs). By directing a portion or all of an RMD directly to a charity, taxpayers can...