Here is what the firm has been up to since our last newsletter.New Hires:We are pleased to welcome several new team members to Blackman & Sloop:Terice Barnett joined the team as a Tax Manager.Asaad Shaw joined the team as an Audit Associate.Allyra Williams joined the...
Conor Weeks joined Blackman & Sloop in January 2025, bringing experience from a range of small to mid-sized accounting firms. When asked why he chose Blackman & Sloop, Conor described it as the rare “Goldilocks” fit. In his words, smaller firms often provide more individualized service...
In the complex world of tax deductions, understanding the distinctions between above-the-line deductions, below-the-line deductions, and standard and itemized deductions is crucial for effective tax planning. Each category serves a distinct purpose within the tax code, impacting how taxable income is calculated and influencing the...
DIR fees—short for Direct and Indirect Remuneration fees—have become one of the most frustrating and unpredictable components of operating an independent pharmacy. Originally intended by Medicare Part D to account for post-sale price adjustments from manufacturers or pharmacies, DIR fees have evolved into a complex—and often costly—system...
We’re pleased to share that Assurance Partner Deetra Watson, CPA, has been included on Forbes’ 2025 list of America’s Top 200 CPAs. The list highlights practitioners across the country who demonstrate strong judgment, technical proficiency, and a steady presence in public accounting. A Thoughtful Selection Process Forbes...
Growth is a good thing—but it also brings complexity. As an independent pharmacy expands, so do its financial responsibilities. Managing payroll, vendor contracts, reimbursement tracking, budgeting, forecasting, and strategic planning can quickly overwhelm even the most organized owner. That’s where outsourced CFO services come in. For growing...
Busy season has a reputation — and let’s be honest, it’s not always a flattering one. If you’re a student or entering the field for the first time, you’ve probably heard the stories: long hours, high pressure, and a pace that leaves little room to...
Running an independent pharmacy comes with a long list of responsibilities, and as the owner, you wear many hats—manager, pharmacist, HR, finance, operations. But when it comes time to pay yourself, the answer isn’t always straightforward. How much should you take home? And just as importantly, how do you determine the right method for doing...
Each October, World Mental Health Day serves as an important reminder of the value of mental well-being in both our personal and professional lives. At Blackman & Sloop, we recognize that supporting mental health is essential not only for individual success but also for fostering...
As nonprofit leaders look beyond 2025, 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,...
