July 2022

What year did you join Blackman & Sloop? 2021 Where did you go to college? UNC Chapel Hill Why did you choose Blackman & Sloop? I chose B&S because I wanted to move back to the Triangle and wanted to continue working in a small firm. When I interviewed I...

As we all try to stay cool for the summer, here are some of the exciting things happening at Blackman & Sloop! Promotions and New Hires: We’re proud to announce that Rob Lewis became a partner in the firm on July 1st! Stephanie Kieffer joined us as a...

Cash flow awareness is vital in the day-to-day activities of a business. Keeping track of the inflows and outflows helps a company make better plans and decisions, such as choosing the right time to expand. Cash flow knowledge reveals where a business is spending money...

Today, businesses have to grapple with vast amounts of data from different sources, including emails, mailing lists, customer orders, system logs, mobile apps, social media networks, etc. This data is crucial to businesses in various ways. When analyzed, a business can identify operational issues, personalize...

Oftentimes, the first house a person buys is an affordable condominium, townhouse, or older single-family dwelling also referred to as a "starter home." It might be small and lack features they dream about such as new appliances in the kitchen or dual sinks in the...

Waiting for your regular appointment to discuss current tax-related issues can create problems or cause you to miss out on beneficial options that need to be timely exercised before year-end. Generally, you should call this office any time you have a substantial change in taxable...

If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, and with summer just around the corner, you may have questions about how rental income is taxed for a part-time vacation-home rental....

With gas prices soaring it has been expected the IRS would increase the mileage rate that business owners can deduct for vehicle use instead of keeping a record of actual expenses. Sure enough, the IRS recently announced a 4-cent increase in the optional mileage rate...

Every small business - whether a respected local mom-and-pop retailer, a startup tech company, or an online venture — has accounting and bookkeeping responsibilities, including selecting the accounting method that works best for them. If you’re new to small business ownership, you might not even...