Are you currently filing your tax returns electronically? Congress recently passed legislation that will require tax return preparers to e-file all income tax returns for individuals, estates and trusts. This rule goes into effect for returns filed after December 31, 2010. Individuals...
By now you should have at least heard about Financial Accounting Standards Board Interpretation No. 48 (“FIN 48”), Accounting for Uncertainty in Income Taxes. FIN 48 has been superseded by the Accounting Standards Codification (“ASC”) 740-10, but is still referred to as FIN 48. Most...
In order to better serve our clients, Blackman & Sloop, CPAs, P.A. has launched its new website and web 2.0 initiatives. Through the use of social media, our firm is increasing the communication channels and interaction with our clients, community, and fellow professionals. The social...
In these tough economic times, people are looking for tax breaks much more so than they do normally. Congress, realizing the need to get the economy going again, has extended and expanded several tax incentives, and come up with some new ones as well. The first-time...
Blackman & Sloop is proud to announce that we are now offering peer reviewer services to CPA firms throughout North Carolina and surrounding states. The American Institute of CPAs (AICPA) established the peer review program over 20 years ago as a means of enhancing the quality...
