Qualified Charitable Distributions (QCDs) are a highly effective tool in the tax planning toolkit, particularly for retirees who must take Required Mi
In a move set to redefine the refund process, the Internal Revenue Service (IRS), in collaboration with the U.S. Department of Treasury, has announced
In the swirling complexities of tax legislation, even well-intentioned provisions can seem like offers of relief that arrive weighed down with restric
Late invoices can throw a wrench into your cash flow—but if you’re not already automating reminder emails, you’re leaving money on the tab
The One Big Beautiful Bill Act (OBBBA) recently introduced substantial changes in the realm of estate and gift tax planning. These changes present new
Here is what the firm has been up to since our last newsletter. Promotions and New Hires: We recently welcomed two new team members to Blackman &
Conor Weeks joined Blackman & Sloop in January 2025, bringing experience from a range of small to mid-sized accounting firms. When asked why he ch
In the complex world of tax deductions, understanding the distinctions between above-the-line deductions, below-the-line deductions, and standard and
DIR fees—short for Direct and Indirect Remuneration fees—have become one of the most frustrating and unpredictable components of operating a
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 highlight
Growth is a good thing—but it also brings complexity. As an independent pharmacy expands, so do its financial responsibilities. Managing payroll, vend
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, yo
Running an independent pharmacy comes with a long list of responsibilities, and as the owner, you wear many hats—manager, pharmacist, HR, fi
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. A
As nonprofits navigate a challenging landscape shaped by economic uncertainty, delayed government reimbursements, shifting donor priorities, and growi