For many nonprofit organizations, June 30 marks more than just the end of another fiscal year. It is an opportunity to step back, evaluate operations,
Here is what the firm has been up to since our last newsletter. New Hires: We are pleased to welcome two new team members to Blackman & Sloop: Lee
Shanita Walker joined Blackman & Sloop in December 2023 as an Administrative Associate, bringing a passion for organization and a genuine apprecia
When engaging in business overseas, it’s crucial to understand how travel expenses are treated under U.S. tax law. Unlike domestic travel, where
If there’s one QuickBooks task that separates clean books from chaos, it’s this: Reconciliation. Yet, it’s also one of the most skipped, or misunderst
Most business owners know their revenue. Ask what they did last month?They’ll answer instantly. But ask them this: That’s where the pause happens. Bec
“Kiddie Tax” is a term that refers to the tax imposed on the unearned income of children. It was Introduced as part of the Tax Reform Act
The One Big Beautiful Bill Act (OBBBA) has fundamentally reshaped the tax-advantaged investment landscape by making the Qualified Opportunity Zone (QO
Just as many nonprofits have adjusted to the 2024 Uniform Guidance updates, another wave of potential federal grant changes is already on the horizon.
Blackman & Sloop is proud to announce that Assurance Partner Deetra Watson, CPA, has been recognized on the Forbes 2026 Best-In-State CPAs list, a
For independent pharmacies, budgeting often feels like a daunting or even unnecessary task. After all, you’re busy managing day-to-day opera
For nonprofits, understanding the distinction between restricted and unrestricted funds is more than a matter of good bookkeeping—it’s essential to ma
In accounting, no two years ever look exactly the same. As technology evolves, client needs shift, industries adapt, and new regulations emerge, the p
In today’s nonprofit landscape, organizations are increasingly exploring strategic mergers to expand reach, reduce overhead, or increase programmatic
In the competitive world of independent pharmacies, knowing how your business stacks up against similar operations is critical for informed decision-m