Another successful tax season completed. Thank you to all of our dedicated team members and loyal clients who helped us through this year. As we move into summer, the Blackman & Sloop team is hard at work and taking some time for fun. Here’s...
What year did you join Blackman & Sloop? 2017 Where did you go to college? Bridgewater College for undergrad and University of Maryland University College for graduate. Why did you choose Blackman & Sloop? The culture was the main reason I chose Blackman & Sloop. Everyone is friendly and positive. It was easy to tell...
While most people have heard of 401(k) plans and IRAs, there are other, lesser-known long-term savings vehicles. One example is that of Health Savings Accounts (HSAs). HSAs are tax-advantaged savings accounts for those with high-deductible health plans (HDHPs). The idea is that since those with HDHPs generally have lower...
The data in your QuickBooks company file contains some of the most sensitive information on your computer. Make sure it’s secure. Your customer list is gold. And those Social Security and bank card numbers in your payroll, client, and vendor records need to be protected...
Tax reform made a lot of changes, some of which impacted employees’ fringe benefits. This article reviews the most frequently encountered fringe benefits, including those that were and were not impacted by tax changes. These changes can affect both a business’s bottom line and its...
The tax code places limits on the amounts that individuals can gift to others (as money or property) without paying taxes. This is meant to keep individuals from using gifts to avoid the estate tax that is imposed upon inherited assets. This can be a...
