As business owners barrel toward the quarter-century mark of the 21st century, so, too, do the tools we use to manage our finances. Recently, Intuit announced significant changes to its QuickBooks Desktop offerings, signaling a shift toward more innovative, cloud-based solutions. According to the brand,...
As the deadline for compliance with the Corporate Transparency Act (CTA) approaches, small and medium-sized businesses (SMBs) must remain vigilant. This legislative milestone, aimed at enhancing corporate transparency, requires businesses to disclose beneficial ownership information to combat illicit activities like money laundering and tax evasion....
Natural disasters can strike with little warning, leaving a lasting impact on both personal and business finances. Whether it's a hurricane, wildfire, or flood, the financial toll can be substantial. However, by taking a proactive approach, small and medium-sized businesses (SMBs) and individuals can minimize...
Creating a resume that truly represents you—especially when you’re just starting out—can feel like a challenge. But if you approach it thoughtfully, your resume can serve as a powerful introduction to potential employers, setting you apart from other candidates. In public accounting, firms are not...
We are excited to feature Shane Morris in this month's Employee Spotlight. Shane joined Blackman & Sloop in 2023 and has been an invaluable part of our team ever since. She was drawn to Blackman & Sloop because of the opportunity to learn and grow...
Here is what the firm has been up to since our last newsletter. Promotions / New Hires: We are excited to announce our recent promotions! Heather Fullagar was promoted to Tax Manager, Adrienne Collins to Audit Manager, and Andrew Olson to Senior Tax Associate. ...
Drafting a will is not something that people, for the most part, want to think about. But no one gets out of life alive. So if you want to have a say in what happens to your property and assets after you’re gone, a will...
When it comes to running a business, there are a lot of expenses incurred during operations. As of January 2024, New York University’s Stern School of Business had recorded nearly $1.2 trillion in capital expenditures by U.S. sectors. Considering this, there are two important concepts...
In the realm of taxes, understanding who is required to pay self-employment tax and who is exempt is crucial for individuals navigating their financial responsibilities. Whereas employees have Social Security and Medicare taxes withheld from wages–often referred to as FICA taxes– individuals who work for...
As our population ages, seniors increasingly become targets for a variety of scams. These fraudulent schemes can have devastating financial and emotional impacts on older adults, who may be more vulnerable due to factors such as isolation, cognitive decline, or simply a trusting nature. The...
