If you’re a small business owner, you want your organization to do far more than survive: you want it to thrive! Unfortunately, to make sure that customers are happy and the lights stay on there are a lot of details that need attention, and some...
When it comes to liability insurance, the saying "you can never be too prepared" is certainly apt. While business owners cannot predict what happens day to day or year to year, they can look into purchasing business liability insurance in order to give themselves peace...
There are several major types of business entities, including S Corporations, C Corporations, Limited Liability Companies (LLCs) and self-employment. Each type of structure has its own advantages and disadvantages when it comes to taxes, assets and liability protection. Generally, certain types of businesses are best for...
QuickBooks Online was built to work with transactions downloaded from your online financial institutions. Here’s how to work with them. The ability to import transactions from financial institutions into QuickBooks Online is definitely one of the best things about the site. You may have even signed...
As we gear up for the holidays and prepare for tax season, our team has been hard at work. With new team members, firm outings, new babies, and some great conferences, a lot has happened this fall! New Hires: Anita Kaizer, Business Advisory/Tax Associate – 10/3/18 ...
What year did you join Blackman & Sloop? I joined Blackman & Sloop in January 2017. Where did you go to college? I received my BS in Accounting and Law Degree from the University of South Carolina. I also received my LLM in Tax from Denver University. Why did...
Bloomberg recently released projected tax rates, brackets and other numbers that apply to the 2019 tax year (the IRS will release the official numbers later this year). Note, these are NOT the numbers that apply to the 2018 taxes you file in 2019, but to the...
When it comes to selling a business, it’s never a bad thing to be too careful. In fact, according to Forbes’ contributor Richard Parker, 50 percent of business acquisitions fall apart during the “due diligence” phase, where many current and future obligations exist. With such...
The House Republicans recently introduced legislation that, bundled together, is being referred to as Tax Reform 2.0. Expanding on the Tax Cuts and Jobs Act (TCJA), it’s composed of three main bills intended to address some of most criticized portions of the TCJA. H.R. 6760, Protecting...
Key Performance Indicators, also known as KPIs, are core measurements that businesses use to monitor progress toward achieving goals and targets. KPIs, which vary widely by industry and entity structure, can be used to monitor and track all aspects of a business. Management teams pay...
