Divorce and Taxes – What Are the Implications?
This article explains the precautions to take when getting a divorce, and several tax concerns that need to be addressed to ensure that taxes are kept to a minimum and…
Does Your Small Business Have the Right Tech Tools for the Future?
This article explains that the current state of the economy and the Covid-19 pandemic has drastically changed the way consumers behave. It’s extremely important for small businesses to capitalize on…
Changes to Bonus Depreciation Rules
This article explains that bonus depreciation rules have been changed over several years. In 2016 and 2017, under the IRS Revenue Proclamation (Rev. Proc.) 2019-33, Section 5.02 Section – Deemed…
Blackman & Sloop Welcomes Sarah Benoist
Blackman & Sloop is pleased to announce the addition of Sarah Benoist to our professional team. Benoist joins the firm as an associate and will work in the Audit Department….
Blackman & Sloop Announces New Partner
The local accounting firm of Blackman & Sloop, CPAs, P.A. is pleased to announce the promotion of Robert Lewis, CPA to partner. Rob has served Blackman & Sloop for more…
4 Tips to Save at the Pump With or Without a Gas Tax Holiday
This article explains that the Biden Administration has proposed a federal gas tax holiday in order to help US citizens with the current gasoline prices. Unfortunately, Patrick De Haan, head…
Tax-Avoiding Schemes Are at the Top of the 2022 “Dirty Dozen” List
This article explains some tax-avoiding strategies that the IRS will be flagging down. Some strategies include “concealing assets in offshore accounts and improper reporting of digital assets, non-filing of income…
R&D Tax Credits for Startups
This article explains the significant benefits that startups in 2022 receive when using R&D tax credits. For companies to qualify for R&D tax credits, their ideas must be a new…
Gas Saving Tips for Your Summer Travel
This article explains the best money-saving methods for travelers hitting the road this summer. All 50 US states have hit the $4 per gallon mark, and the national average is…
The Pros and Cons of Running a Business with Family
This article explains how hiring family members can have their strengths and weaknesses. It is much easier to hire a family member rather than a stranger because each person can…