Just last week, the IRS announced that it could be easier to get a waiver for missing the 60-day deadline on retirement plan rollovers. This is great news for anyone who may have missed that deadline and would have incurred early distribution penalty taxes. Taxpayers...
As a business owner, you have numerous demands on your time. The 40-hour workweek doesn’t exist for you. Even if there’s not a crisis, there is a constant stream of issues requiring your attention. Time is money, and no one knows that better than you. A...
According to the IRS, 83% of U.S. taxpayers accurately report their income and pay their taxes. That figure isn’t so bad when you compare it with Germany at 68%, Italy at 62%, or Greece at a startling 50%. Nonetheless, the IRS audits around 0.8% of...
If you think about the most iconic brands, their logos are instantly recognizable. Some marketing experts say a logo is the most important visual representation of your business. Your logo is the face of your brand. What do you want your logo to convey about...
Whether you’re still building your business or you’re firmly established and looking ahead to the next phase, it’s a good idea to be informed about retirement so you can best prepare. Social Security benefits Social Security benefits can begin between the ages of 62 and 67, depending...
Blackman & Sloop CPAs is pleased to announce that Andrea Woodell Eason, CPA, CGMA, has assumed the duties of managing partner as of July 2016. “I am proud to take on this leadership responsibility – and honored that my fellow partners have placed their trust in...
Fraud has been a hot topic this year, between fake IRS scams and retailer data breaches. However, one segment of the population may be especially at risk. Millions of seniors are being taken advantage of financially – in the form of inappropriate investment, unreasonably high...
As you know, the Department of Labor announced new regulations in May regarding overtime pay for full time employees. Tammy McCutchen, the DOL’s former Wage and Hour Division administrator, spoke recently at a conference to address employers’ issues with implementation of the final rule. She had...
Have you thought about planning for the day you sell your company? Maybe you’re still growing your business, or you’re still heavily involved in the day-to-day operations, and you haven’t thought about leaving anytime soon. Even if it hasn’t crossed your mind, it’s not too...
Industry experts have determined that benefits are growing in importance to job searchers. A new study suggests that 57% of prospective employees rate perks and benefits as major considerations when accepting or declining a job offer. Workplace trends have gotten lots of media attention, with...
