Be On the Outlook for Tax Reporting Forms

With tax season upon us, documents reporting income, sales and other items needed for your 2022 tax return should have arrived or will be arriving soon. Be on the lookout…
With tax season upon us, documents reporting income, sales and other items needed for your 2022 tax return should have arrived or will be arriving soon. Be on the lookout…
The type of business that you’re running has major implications in virtually all areas of your operations, especially when it comes to federal taxes. An S Corporation (or S Corp…
Married taxpayers generally have the option to file a joint tax return or separate returns, a filing status commonly referred to as married filing separate (MFS). If you are married…
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…
Individuals are always looking for tax deductions that can reduce their tax liability. But what is the actual tax benefit derived from a tax deduction? There is no straightforward answer…
If your 2022 refund or balance due turns out not to be the desired amount, you may want to consider adjusting your withholding based on your projected tax for 2023….
As the name suggests, cash flow is a term used to describe the money coming into and out of a business. Cash received – like money being paid to the…
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…
Over the last decade, in particular, the definition of the term “career” has changed. Rather than being employed by a single entity for which you receive a W2 at the…
Required Minimum Distributions (RMD) are required taxable distributions from qualified retirement plans and are commonly associated with traditional IRAs, but they also apply to 401(k)s and SEP IRAs. The tax…
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Phone: 919.942.8700 | Toll Free: 877.854.7530 | Fax: 919.968.4766