At Blackman & Sloop, every day brings something new — but what stays consistent is the foundation we’ve built: a collaborative team, impactful client work, and the freedom to grow in your own way. Whether it’s audit, tax, or advisory services, our professionals thrive in...
In an effort to prevent high-income parents from exploiting tax benefits by shifting their investment income to their children, who typically fall into lower tax brackets, the U.S. Congress introduced the "Kiddie Tax" in 1986. While not officially termed as such in the tax code,...
If you’ve been thinking about ways to save on medical expenses, now may be the perfect time to open a Health Savings Account (HSA). Thanks to persistent inflation, the IRS recently announced historic bumps to contribution limits for HSAs, making planning for health savings more...
The American Institute of CPAs® (AICPA®) is now accepting applications for the Private Companies Practice Section (PCPS) George Willie Ethnically Diverse Student Internship and Scholarship program. The George Willie program provides a paid internship and scholarship to ten ethnic minority accounting students who intend to pursue the CPA...
Founded in 1973, Blackman & Sloop is excited to announce the firm’s 50th anniversary. Blackman & Sloop will recognize half a century of serving their clients across North Carolina with celebrations throughout 2023. Since its founding by William C. Blackman and James H. Sloop, the firm...
Blackman & Sloop welcomes Ben Buckner, CPA, to their growing team as a Tax Manager. In his role, Buckner will provide innovative tax planning, review complex returns, and manage staff throughout the tax return process. “We’re always excited to introduce new leaders to our firm,” said...
The local accounting firm of Blackman & Sloop, CPAs, P.A. is pleased to announce that Deetra Watson, CPA, CGMA has joined the board of directors of the North Carolina Center for Nonprofits (NCCNP). Her term began on July 1, 2022, and she sits on the...
On August 16, President Biden signed the Inflation Reduction Act (IRA) into law. The enormous bill—clocking in at 725 pages—contains a wide range of provisions and comes with a nearly $750 billion price tag. “The bill is fighting inflation and has a whole lot of...
For the second year in a row, the federal income tax filing due date for individuals has been postponed. The postponements come as a part of the fallout of the coronavirus pandemic and the legislation that has resulted from it, which has added complexity to...
On August 4th, the U.S. Small Business Administration (SBA) released additional guidance regarding forgiveness of Paycheck Protection Program (PPP) loans. In consultation with the U.S. Department of the Treasury, the SBA added 23 new questions to their PPP FAQ page. The SBA sorts the new loan...
