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...
A recent decision by the Supreme Court of the United States—Rutledge v. Pharmaceutical Care Management Association—is expected to have a large impact on independent pharmacies. In a recent video interview from Pharmacy Times, the president of Good Neighbor Pharmacy offers his take on what 2021...
One of the hardest areas of pharmacy management is helping employees develop the confidence and skills that they need to allow managers to be hands-off. In a recent article published by Pharmacy Times, Shane Desselle examines the use of the ADAPT model and whether it...
The logistics of distributing and administering COVID-19 vaccinations are complex, to say the least. Pharmacies, as one of the most accessible health care providers, are in the unique position to play a very important role in the process. A recent article published by Ohio Northern...
When properly executed, a pharmacy’s social media presence can be a valuable tool for the business. In a recent article for Drug Topics, author Aine Cryts offers some helpful tips for engaging with pharmacy patients online. To learn how to pick the best platforms for...
What year did you join Blackman & Sloop? The team welcomed me in 2020. Where did you go to college? I earned a Bachelor’s degree in Business Admin from East Carolina University & a Master of Accounting degree from North Carolina State University. Why did you choose Blackman &...
