As summer comes to a close, the team at Blackman & Sloop has been working hard and playing hard. Here are some of the things that went on at the firm this summer. Promotions and New Hires: Congratulations to Tyler Chambers and Stephen Lau (who were...
What year did you join Blackman & Sloop? 2018. Where did you go to college? I received my Bachelors in Economics from The University of North Carolina at Chapel Hill, and received a Bachelors and Masters of Science in Accounting at the University of North Carolina at Greensboro. Why...
In the largest possible sense, handling the cash flow for your new business is exactly what it sounds like ‒ you’re trying to get the clearest level of visibility into “money coming in versus money going out” as possible. But managing cash flow is also...
There are three big tax issues that can derail an otherwise well-executed estate plan. These include Family Limited Partnerships, Revocable Trust Swap Powers and Trust Situs. Below we explore the pitfalls with each issue. Fixing FLPs Family Limited Partnerships (FLP) are often created to hold investments or...
It’s never too early to helps kids understand accounting – the concepts of earning and spending. Here are a few ways to teach your little ones about how money works and even have a little fun. Play Money Games One way to explain the principles is by...
Laws regarding retirement savings plans don’t change all that often or all that much. Occasionally, new regulations are issued mandating disclosures, but they go largely unnoticed – and inflation-adjusted contribution limits tend to inch up each year. However, there is one phenomenon that has been...
For small business striving to reduce the overhead associated with hiring workers, one method is to make efficient use of technology. According to a recent survey by CompTIA, 73 percent of midsize businesses and 56 percent of firms with fewer than 20 employees say technology...
