In order to gain valuable, hands-on experience, the vast majority of future accounting professionals complete one or more internships near the end of their undergraduate studies. Many degree programs even…
From Intern to Full Time
Employee Spotlight – Kerry Walker
What year did you join Blackman & Sloop? 2021 Where did you go to college? Barton College and UNC Chapel Hill Why did you choose Blackman & Sloop? I chose…
In the Firm – October 2022
Fall is here and we are gearing up for the holidays. Here’s what has been happening at the firm since our last newsletter. Promotions and New Hires: Heather Fullagar joined…
Electric Vehicle Tax Credits and the Future of the Automotive Industry
One highlight of the recently passed Inflation Reduction Act of 2022 (IRA; HR 5376) is modifications to what are commonly referred to as “EV credits.” Specifically, Section 30D of the…
What an Economic Slowdown Means for Your Small Business
If you pay attention to the financial news, you’ve likely heard that we may — or may not — be in the midst of a recession. While experts argue over…
What Do You Do If the IRS Wants to “Audit” Your Tax Return?
The word “audit” tends to strike fear in the hearts of American taxpayers, but the truth is that not every audit is a result of a problem, or that the…
Sold or Thinking of Selling Your Home?
If you sold your home this year or are thinking about selling it, there are many tax-related issues that could apply to that sale. To help you prepare for reporting…
When Can You Dump Old Tax Records?
Taxpayers often question how long records must be kept and the amount of time IRS has to audit a return after it is filed. It all depends on the circumstances!…
How Social Security Benefits Are Affected by Earned Income
Thanks to the Great Resignation trend over the past year, there is a high availability of jobs. Therefore, now is a good time for retirees who would like to go…