Vacation Home Rentals: How the Income Is Taxed
If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, and with summer just around the corner,…
IRS Announces Mid-Year Optional Vehicle Mileage Rate Increase
With gas prices soaring it has been expected the IRS would increase the mileage rate that business owners can deduct for vehicle use instead of keeping a record of actual…
The Right Accounting Method for Your Business
Every small business – whether a respected local mom-and-pop retailer, a startup tech company, or an online venture — has accounting and bookkeeping responsibilities, including selecting the accounting method that…
Employee Spotlight – Dauer Lewis
What year did you join Blackman & Sloop? 2015 Where did you go to college? NC State University (Undergraduate and Graduate) Why did you choose Blackman & Sloop? I wanted…
In the Firm – April 2022
The 2022 tax season is at a close and here is what has been going on at the firm since our last newsletter. New Hires KeKe Lassiter-Farrington joined the team…