“In The Know” Newsletter

With smartphone apps available in a wide variety of spheres, it is no surprise that many healthcare organizations have created programs for helping professionals in their industry manage information regarding vaccines. In a recent article for the Pharmacy Times, author Anyssa Garza examines eight different vaccination apps. The Vaccine...

Another successful tax season completed. Thank you to all of our dedicated team members and loyal clients who helped us through this year. As we move into summer, the Blackman & Sloop team is hard at work and taking some time for fun. Here’s...

What year did you join Blackman & Sloop? 2017 Where did you go to college? Bridgewater College for undergrad and University of Maryland University College for graduate. Why did you choose Blackman & Sloop? The culture was the main reason I chose Blackman & Sloop. Everyone is friendly and positive. It was easy to tell...

While most people have heard of 401(k) plans and IRAs, there are other, lesser-known long-term savings vehicles. One example is that of Health Savings Accounts (HSAs). HSAs are tax-advantaged savings accounts for those with high-deductible health plans (HDHPs). The idea is that since those with HDHPs generally have lower...

The data in your QuickBooks company file contains some of the most sensitive information on your computer. Make sure it’s secure. Your customer list is gold. And those Social Security and bank card numbers in your payroll, client, and vendor records need to be protected...

Tax reform made a lot of changes, some of which impacted employees’ fringe benefits. This article reviews the most frequently encountered fringe benefits, including those that were and were not impacted by tax changes. These changes can affect both a business’s bottom line and its...

We are in the heart of tax season. Our team has been working hard, but still managed to celebrate some birthdays and anniversaries and have some relaxing fun. Here are some of the things we've been up to this spring. Promotions and New Hires Nate Wicker joined...

If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, you may have questions about how rental income is taxed for a part-time vacation-home rental. The applicable rental rules include some interesting...

The Tax Cuts and Jobs Act of 2018 and other tax reforms have brought about significant changes in the way that vehicle use is deducted for business purposes. Before getting into these changes, it is appropriate to first provide a review of the two methods...

Well, here it is: 2019. The holiday season is over, and the season for preparing tax returns is about to begin. But unfortunately, it is also the season for scammers who are out to steal your identity, swindle you out of your money and even...