March 2021

What year did you join Blackman & Sloop? January 2020 Why did you choose Blackman & Sloop? My family and I wanted to relocate to the Chapel Hill/Durham area, and after interviewing with Blackman & Sloop I felt immediately comfortable with the people and their attitudes towards work/life...

Susan Puryear has been a member of the firm for five years and works as an administrative associate.  What makes Blackman & Sloop a great place for women to work? I am surrounded by so many successful women at this firm and that inspires me every...

Deetra Watson has been a member of the firm since 2005 and currently leads the assurance department. Get to know more about her below!What makes Blackman & Sloop a great place for women to work? Blackman & Sloop provides an atmosphere for all people, especially women,...

What a year it has been! As we move through tax season our team is working hard to help this year run smoothly. Here are just some of the things that have been going on since our last newsletter. Promotions and New Hires Cole Dixon joined us...

According to the National Bureau of Economic Research, in late spring of 2020 about half of American workers were working from home. Not surprisingly, many researchers believe that this pattern will continue after the pandemic is over. With this in mind, SmartAsset has examined the...

In order to help trades and businesses to retain employees and keep them employed during the COVID-19 crisis, the Coronavirus Aid, Relief, and Economic Security (CARES) Act created the Employee Retention Credit for 2020. As part of the Consolidated Appropriations Act, 2021 (CCA), the credit...

In late December, Congress passed the Consolidated Appropriations Act, which in addition to providing COVID-19 relief provisions also included many tax provisions and extenders. The Act contained many COVID-related tax provisions, as well as a slew of extenders ranging from one year to permanent. This...

A federal tax credit for the purchase and installation costs of a residential solar system has been extended through 2023. The credit for 2021 and 2022 is 26% of the cost of the solar installation but drops to 22% for 2023, the final year of...

If you recall, the Tax Cuts and Jobs Act (TCJA), effective beginning in 2018, eliminated the business-related deduction for entertainment, amusement or recreation expenses. However, it did retain a deduction for business meals when the expense is ordinary and necessary for carrying on the trade...

Housing is a big expense for everyone. The choice generally involves either renting or purchasing – and financing that purchase with a home loan. As of November 2020, the nationwide average for a 30-year fixed-rate mortgage was just under 3%, the lowest it has been...