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…
Employee Spotlight: Susan Puryear
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?…
Employee Spotlight: Deetra Watson
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…
In The Firm – March 2021
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…
5 Cities Rank as Ideal Locations for Remote Workers
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…
Employee Retention Credit Extended
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…
New Year-End Tax Provisions
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…
Solar Tax Credit Extended for Two Years
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…
Increased Business Meal Deductions for 2021 and 2022
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…
What Are the Tax Advantages of Home Ownership?
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…